In the wake of a tragedy of the size and scope of the recent building collapse in Surfside, Florida, many board members in condos, co-ops, and HOAs have concerns about what liability they may assume in their administrative role. This concer…
On June 11, 2021, Governor Cuomo signed into law several amendments to the New York HERO Act; a law whose main purpose is to ensure that employers have a plan in place to protect their employees in the event of another pandemic, or the emer…
For many, the topic of insurance can be a bit overwhelming. Even the terms we use as insurance purchasers differ substantially from the terms industry professionals use when discussing and settling claims - which can leave laymen feeling li…
In light of the catastrophic, deadly condo building collapse in Surfside, Florida last month, boards and residents in multifamily buildings across the country are taking a hard look at how their own properties measure up to the structural m…
Water infiltration in multifamily buildings has always been an issue of grave concern; leaks can lead to everything from unsightly stains to mold growth to crumbling infrastructure, and can mean hundreds of thousands spent on repairs and re…
On Thursday, October 28, 2021 , thousands of board members, managers, building owners, and co-op and condo residents will gather at the New York Hilton Midtown from 9:00 a.m. to 4:30 p.m. for the return of the in-person CooperatorEvent…
Real estate brokerage and data analyst SERHANT. reports that the second quarter of 2021 showed that Manhattan is experiencing a major rebound in all types of residential sales compared to the same quarter last year. In fact, the number of s…
Q: I am in a same-sex marriage, and bought a co-op with my partner before marriage equality became the law of the land. I recently reached out to our board about adding my partner’s name to the stock certificate. It’s a very gay-friendly bo…
With more and more states legalizing marijuana for both medical and recreational purposes, co-op and condo boards and management are faced with yet another quality-of-life issue; conflict between those who are happy to finally be able to us…
In a development sure to be of interest to New York’s co-op housing community, State Assemblymember Jeffrey Dinowitz (D) of New York’s 81st district announced the passage of a bill during the recently-ended legislative session that would al…