In Albany, a recently introduced bill could reshape key aspects of co-op governance. Assembly Bill A10283, dubbed the ‘Increase Transparency in Cooperative Housing Corporations’ bill, proposes broad changes aimed at expanding shareholder ov…
Understanding monthly maintenance bills can be a pain. What reads like a single amount usually breaks down into many unseen parts, like insurance, contract obligations, and reserves for capital repairs. CooperatorNews spoke with Chuck Gra…
Cities are known for being home to diverse populations that thrive in fast-paced, crowded environments—and not all of those populations are human. The same dense landscape that attracts people also attracts bold, resourceful, and highly ada…
No board can prevent every accident, lawsuit, water or property damage event. However, there are practical steps that boards and managers can take to put themselves in the best possible position before such a claim occurs. The goal isn't pe…
Effective July 1, 2026, owners of “pied-à-terre” co-op or condo units and/or one- to three-family houses located in New York City (referred to here as a “covered property”) are subject to an add-on property tax surcharge (aka the PAT tax) …
The Atlantic hurricane season runs from June through November, with storm activity intensifying in late summer, peaking around mid-September. And while the National Oceanic and Atmospheric Administration (NOAA) has predicted a calmer-than-u…
Q. We recently had to vote to remove our co-op board president from his position, because he was taking small amounts of funds on a regular basis. He said it was all ‘petty cash reimbursements,’ and claims that nobody but the treasurer is…