When living in a cooperative or condominium, residents inevitably face special assessments. The boards levy these special fees on shareholders or unit owners to cover unexpected expenses or significant repairs. It's common for owners to react with frustration to these...
The rise of short-term rentals using Airbnb changed the real estate market in countless ways. A few downsides included a steady stream of strangers passing through the building. Often on vacation with little need to build relationships with neighbors, they could be...
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...
Unless they see it as part of their daily routine, New Yorkers tend to forget that the city is surrounded by water. If this is the case, blunt reminders often occur when extreme weather events like hurricanes or record rainfalls flood streets, subways and garden-level...
Loud neighbors come in many forms, ranging from college students to music lovers to loud talkers. While those renting an apartment in the City of New York are expected to tolerate a certain amount of noise that flows from city living, no one is required to suffer an...
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...
Many co-ops require that tenant-shareholders use their apartments as their primary residence. This obligation is usually set forth in the proprietary lease, occupancy agreement, or other contracts or regulations governing the use of the Apartment, such as...
When an HOA hires a contractor to do a job - install a pool or shingle a roof, for example - board members can maintain the quality of workmanship by withholding payment until the job is done right. Contractors and subcontractors, however, have a method of getting...
