It’s the law of averages that putting large numbers of people in a condominium building can lead to situations where the rules are not being followed and and the board needs to do something to enforce the by-laws or house rules. Many times these disputes end up in...
Coops and condo associations in New York City hire individuals and businesses to perform various services. Some are professional businesses with a service contract to fix and replace HVAC, wash windows or care for the landscape. Others may be individuals doing one-off...
Last year, Lithium-ion batteries in e-bikes were found to be the source of multiple fires, injuries, and deaths throughout New York City. But these batteries are not new, and they can be found in commonly used and necessary items such as cell phones, laptops, tools,...
Parents often find peace of mind by setting aside significant assets like property or homes when making their estate plans. However, the co-op board may have other ideas about whether the heir can move into or stay in the shareholder’s apartment. In many cases, the...
After reaching a 32-year high in the fourth quarter of 2021, New York City condos and co-op sales took a drastic drop beginning in late spring, shortly after the Federal Reserve began raising interest rates. The Fed hopes the increases will ease rising inflation and...
This is Part two in a two-part series on New York cooperative apartment renovations. You can read Part 1 here, where we discuss the importance of having a well-formed renovation plan. Continue reading for more information the application process and other components...
Anyone who has been involved in a renovation of an apartment in New York City knows how complicated and possibly contentious this endeavor may be. It is critical to understand the apartment alteration process in order to avoid conflicts and potential lawsuits which...
The Housing Stability Tenant Protection Act (HSTPA), enacted by New York State in 2019, was never met with much favor among landlords, including by the boards and management of buildings which are operated as cooperatives. The law was intended primarily to govern...
Two weeks, Hurricane Ida ripped through our country with tremendous force. Hurricane Ida was a serious, deadly storm that killed and displaced many in its path. In fact, by the time the storm reached us, Ida was still taking lives in the Northeast, days after it hit...
While so many people were hopeful that mass vaccinations would be the end of Covid restrictions, the increase in cases tied to variants and the ongoing inability to vaccinate children under twelve continue to leave issues and concerns in all fields. Buildings need to...
