When looking to buy or sell a unit in a condominium or cooperative, the layman may be forgiven for feeling overwhelmed. In the cutthroat world of New York City real estate, stakes are high, and to expect anyone who is undergoing a move to b…
Even the best boards can use a shot of 'new blood' now and again - for new ideas, fresh perspectives, and to give everyone in the community a chance to help govern it. But attracting new board members can be challenging. Listen to what a fe…
As in any healthy marriage, an association board and its manager must be compatible or else the relationship will oftentimes end in a messy divorce, experts at a Community Associations Institute (CAI) Big Apple panel told an audience of …
On the heels of a nationwide recall of a half-million hoverboards by the U.S. Consumer Product Safety Commission (CPSC) due to a fire risk, co-ops, condos and HOAs are warily looking at ways in which to ban the usage of these two-whe…
A condo board with a multimillion-dollar lawsuit, three years of aggravation and ulcers all around. Everyone wants to feel heard, and, particularly in conflict—when emotions are often inflamed—it’s easy for understanding to be compromised…
On July 16, 2015, the Real Estate Finance Bureau of the New York Department of Law issued “Guidance on Housing Development Fund Corporations Seeking to Transfer or Sell Property for, or Otherwise Convert Property to Market-Rate Use” (the “G…
State legislation and city ordinances can provide a condo, co-op, or HOA board with guidance on how to effectively deal with a disruptive or unruly shareholder—someone whose abusive, harassing, inappropriate or chronically litigious behavio…
Whether your community is a co-op, condo, or HOA, proper record-keeping is the difference between a healthy property and one headed toward peril. And while meeting minutes and election results require well-organized documentation, records s…
Who knew? Who'd ever thought that your weekly movie screening inside your condo or co-op's rec room could get your HOA into possible legal trouble? Incredible as it may be, but that seemingly innocent and fun activity with your neighbors c…
Editor’s Note: The web article published on 7/14/16 “Give Me a J-51” by John Zurz on legislation sponsored by State Sen. Tony Avella and Assemblyman Edward Braunstein on the J-51 tax abatement program, has been corrected to clarify tha…