THE COOPERATOR CO-OP & CONDO EXPO. TUESDAY, NOVEMBER 17TH. JAVITS CONVENTION CENTER. REGISTER NOW!
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…
With Intro 1120-B—better known as New York’s new co-op transparency law— taking effect in a couple of weeks, CooperatorNews sat down with Julie Schechter, a partner with Manhattan-based law firm Fox Rothschild, to get the lowdown on wha…
Whether you preside over a tight-knit eight-unit condo in Brooklyn, a sprawling association in Queens, or a legacy co-op building on the UES, building credibility and trust with residents is crucial to your board’s success. That trust doe…
The rules governing co-op housing in New York City are constantly changing and evolving. One new regulation with major implications for co-op boards is the City Council’s Intro 1120-B, which went into effect in January after bouncing around…
For decades, New York State’s laws governing cooperatives and condominiums have largely remained the same: co‑op boards make decisions about sales and finances behind closed doors, condos run on their own governance, and residents’ rights b…
It’s a constant refrain in multifamily governance and management: open, transparent communication between boards, managers, and residents is vital to running a building or HOA effectively and equitably. Unresponsive, disconnected leadership…
It takes many vital components working in unison to enable a residential multifamily building to function effectively: a management team to help things run smoothly, committed, engaged board members who volunteer their time, and residents w…
If you live in a condominium, cooperative or HOA, you’re effectively acting as part of a participatory democracy governed by an elected group of volunteers. And, as with any democracy, those affected by the board’s decisions are encouraged …
In the labyrinth of our legal system, changes to a law can reverberate outward to impact areas not originally intended. Such is the possibility with recent changes—and changes to those changes—to the Corporate Transparency Act (CTA). Hal Co…
Author and former presidential speechwriter James Humes once said, “The art of communication is the language of leadership.” In multifamily communities, transparent and open communication helps ensure smooth operations and leads to greater …