Tenants, landlords, lawyers, and others involved in the adjudication of New York State’s commercial and residential evictions have some temporary certainty (if that’s not an oxymoron) after New York State Chief Administrative Judge Lawrence…
It’s a question we’re asked all the time: "Can we use reserves to cover an operating fund shortfall?" Under normal circumstances, our standard response would be an emphatic “No!” -- because reserves are for major repair and replacement proj…
As New York City continues to reopen, the Department of Buildings (DOB) has issued guidance and mandated protocols to promote safety and health on all job sites. After launching a citywide inspection sweep of every permitted site to verif…
According to a recent report in the New York Times , “hundreds of thousands” of New Yorkers left the city as the coronavirus pandemic gripped the five boroughs between March and May 2020, fleeing to second homes, vacation cottages, and t…
With an eye toward reopening the New York economy safely, the Building Trades Employers’ Association (BTEA), along with the Real Estate Board of New York (REBNY) and the Building and Construction Trades Council (BCTC), released mandatory …
As mentioned by this outlet and elsewhere, the New York real estate industry—one of the main contributors to the annual financial tax intake of both the city and the state—has been championing tax relief for owners, landlords, and t…
The COVID-19 pandemic is a once-in-a-century event (at least we hope so!) that has changed the way we work, play and live our lives in general. For residents of co-ops, condos, and HOAs with shared amenities, or where many common areas are …
According to a June 8 press release from Manhattan-based law firm Nixon Peabody, the firm represented West Village Houses on its conversion from a Housing Development Fund Corporation (HDFC) to a free-market cooperative. The release notes t…
On June 11, the Real Estate Board of New York (REBNY), 32BJ SEIU, and the Realty Advisory Board on Labor Relations, Inc., (RAB) issued comprehensive safety and health guidelines for market-rate residential buildings in NYC, including multif…
The Community Associations Institute (CAI) has compiled a digest of government action resources (including clickable links) to help multifamily communities navigate the process of reopening their amenities and common areas now that the fede…