New York City already had the largest, most extensive, most specific list of protected groups in the nation when it comes to housing discrimination. With the New York State Legislature’s passage of the Fair Chance Housing Act earlier this y…
For many co-op and condominium buildings in New York, making necessary repairs under the City’s many local laws requires cooperation from neighboring - often physically adjacent - buildings. You may need access to your neighbor’s roof, or a…
Talk to anyone familiar with common-interest community governance anywhere in the country, and they will tell you the same thing: apathy is rampant among residents of co-ops, condos, and HOAs. Not only is it difficult to get owners and shar…
In multifamily residential communities, where neighbors share common space, amenities, and maintenance—if not actual walls—establishing and maintaining boundaries can be a bit tricky. Physical boundaries are often breached by things like …
It appears that a federal program aimed at assisting low- and moderate income shareholders in Mitchell-Lama and other subsidized co-op properties through a New York State agency is coming back to complicate, rather than simplify, residents’…
Cooperative corporations and condominium associations are collectives of shareholders and owners, respectively. Both are governed by a board, the members of which are typically elected by those same shareholders and owners. Immediately fo…
As if New York co-op and condo communities weren’t under enough pressure from sluggish sales, high interest rates, and the ever-increasing volume of work required to comply with environmental requirements like Local Law 97, Governor Kathy H…
WATCH ON DEMAND! Heating season has arrived - and with it come concerns about rising energy costs, new climate regulations, and the challenges of balancing it all while keeping residents comfortable. Join John Skipper, Director of FirstSer…
The National Housing Conference (NHC) recently launched its latest venture in the organization’s ongoing effort to address the persistent affordable housing crisis in America: “Beyond Four Walls: Conversations on Affordable Housing,” a bimo…
Watch On Demand In 8 to 10 years, many co-op mortgages that locked in historically low interest rates prior to 2022 will come due - and given current trends, shareholders looking to refinance at that time will very likely face substantiall…