Department of Community Affairs inspections and FHA mortgage approval are two of the most important -- and most challenging -- processes a community association must face. With the DCA inspecting most community associations every five years…
Changing management companies can be a very good thing - but it can be needlessly complicated if the incoming firm doesn't have all the information, documents, and records it needs in order to hit the ground running. Making sure the outgoin…
In New York State, cooperative corporations are governed by the New York Business Corporation Law (BCL), a piece of legislation that dates back to 1890 and is considered a very influential model for U.S. corporate law. The BCL contains 20 …
If you're fortunate enough to serve on a cohesive, friendly board in a building or association with a strong sense of community and few issues, it can be very tempting to 'go with the flow' and handle board business in an informal, case-by-…
Perhaps the most prized amenity in a New York City home is private outdoor space. Brownstones may offer a garden, a roof deck, or a small terrace. Pre-war buildings have coveted wrap-around penthouses, and post-war high-rise buildings oft…
Another New York City building could be next in a line of properties that have recently extricated themselves of the Trump name following the election of Donald Trump to the U.S. presidency in 2016. Crain's New York Business reported…
If the commercial storefronts in your building have steps, or are not otherwise handicap accessible, be warned: your building may be exposed to liability under Title III of the Americans with Disabilities Act (ADA). Disabled individuals h…
Twice a year, The Cooperator Expo New York brings together not only more than 300 vendors and service providers, but also an impressive array of professionals to share their expertise in a well-curated roster of educational seminars…
The Attorney General is the chief legal officer of the State of New York, and the head of the New York State Government’s Department of Law, often referred to as the Attorney General’s Office. The office traces its history all the way back …
Every co-op, condo, and HOA has rules and regulations that residents and their guests must abide by. For the most part, they’re usually pretty straightforward: no smoking in common areas, limits on pets, no hockey-playing in the hallways. T…