Airbnb's stake in the New York housing rental market could hit a major snag thanks to state lawmakers. The New York State Senate passed a bill on June 17 that would prohibit users of the popular online hospitality marketplace from adve…
One important attribute of any condominium or cooperative board is that it manifests the best interests of its owner or shareholder base. This requires a certain attentiveness, as the wants and needs of residents are likely to change over t…
New York boards have a more difficult time understanding and managing the transition process than other places in the country because specific rules and regulations exist elsewhere to guide them through the process, according to experts at …
Legal pros sound off about the most common legal blunders boards are prone to.
According to the Washington, DC-based online database, the Gun Violence Archive, a mass shooting is an incident in which four or more individuals are wounded or killed. In 2015 alone, the U.S. faced 372 such incidents, leaving 475 people de…
Not every condominium or homeowners’ association is going to run afoul of the law—the happy truth is that litigation and legal trouble are relatively rare occurrences. However, even the most upstanding board in New York City must navigate a…
Though many—in fact, most—co-op buildings flatly forbid shareholders from subletting their apartments to rental tenants, many co-op (and many more condo) buildings have populations of subtenants residing in them. Sometimes an apartment owne…
It is said that the only two things that you can truly count on are death and taxes but if you own a co-op or condo and haven’t adequately prepared for your own eventual demise, you can also count on your passing causing even more grief for…
No one likes a lawsuit. Whether filing one or finding yourself on the receiving end of one, they can cause stress, anxiety and an upending of daily life. They can be expensive, take months—even years—to resolve, and often result in hurt fee…
Whether you serve on the board of a co-op, condo or HOA, chances are you and your fellow community administrators are volunteers. Perhaps you're fortunate enough that you or one of your colleagues has professional legal expertise to bring t…