When unit owners of a condominium or shareholders of a co-op elect members to a board of managers or directors, they entrust those members with a great deal of power. From handling association finances to developing and enforcing property regulations, board members...
Real estate litigation
Can a Child Occupy a Co-op Apartment if the Parent Shareholder Is Not in Residence?
Can a cooperative shareholder’s family member reside in their apartment without the named shareholder living there? New York appellate courts (who review decisions from lower courts and whose opinions control future lower court decisions) have differed in answering...
Holder of Unsold Share Status Struck Down
A decision of the Appellate Division, 1st Department issued at the end of February 2019 may be a real game changer for cooperatives that have individuals who own units as holders of unsold shares. In a brief decision in Pastena vs. 61 West 62nd Street (Read decision...
What to do when you receive an eviction notice in NYC
As a renter, one of the worst things that can happen to you is receiving an eviction notice. When you get the news that your landlord is beginning the eviction process, you likely feel a sense of dread and confusion. But know that all hope is not lost. You may be able...
Terminating contracts for convenience
Developers in New York will typically jump at the opportunity to bid on government contracts. This is likely due to assumption that such agreements tend to more stable than those made with private entities. While government agencies may offer their partners a greater...