While co-op boards have an enormous amount of influence over who is - and is not - allowed to purchase shares and call their building home, condo boards have far less power in that regard. While co-op boards can (and usually do) reject bu…
The NYC Department of Finance Office of the NYC Comptroller recently released a report detailing options for the city to secure new sources of funding for services. Among these are two that seek to achieve more equitable taxation of real pr…
While occasional annoyances and interpersonal friction are simply part of the cost of communal living, some behaviors cross the line from minor nuisance into legitimate harassment. Knowing the difference is important—but it can be tricky to…
A current bill working its way through Congress would correct a gap in the way the Federal Emergency Management Agency (FEMA) delivers recovery assistance in the wake of natural disasters. Sponsored by Reps. David Rouzer (R-N.C.), Jerrold N…
Like the physical neighborhoods around them, the legislative and legal landscape surrounding New York’s co-op and condo communities is constantly evolving. While some changes are hailed as wins for boards and the residents they govern, othe…
According to a recent announcement by Sen. Bob Casey (D-Penn.), chairman of the U.S. Senate Special Committee on Aging, by 2060 one in four Americans will be over the age of 65, and two in five adults over 65 live with a disability. In …
According to a recent investigative piece by the Orange County (Florida) Register , Fannie Mae is keeping a secret “blacklist” of condominium, HOA and cooperative properties which the federal agency has decreed that lenders should st…
Since their appearance in the early aughts, home-sharing and short-term rental platforms like Airbnb, VRBO, and others have been a polarizing issue - particularly in co-op and condominium communities. While many apartment owners may choose …
Back in 2019, the New York State Legislature enacted the Housing Stability and Tenant Protection Act (HSTPA) to prevent landlords from exploiting a tight housing market by harassing and evicting rental tenants under dubious circumstances. T…
A new bill is under consideration that will potentially change the way access agreements are struck between neighboring property owners for the purpose of completing required Local Law work. State Senate Bill S1305/Assembly Bill A1321 passe…