Category: Law & Legislation

Law & Legislation Bringing a Construction Defect Claim
2016 August Bringing a Construction Defect Claim

As more and more new condominium construction projects are built, completed and sold off (as well as cooperatives and homeowners associations, although less common) there has been a correspondingly large number of what have come to be known…

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Law & Legislation Why Litigate When You Can Mediate?
2016 July Why Litigate When You Can Mediate?

A condo board with a multimillion-dollar lawsuit, three years of aggravation and ulcers all around.  Everyone wants to feel heard, and, particularly in conflict—when emotions are often inflamed—it’s easy for understanding to be compromised…

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Law & Legislation HDFC Cooperative Conversions
2016 July HDFC Cooperative Conversions

On July 16, 2015, the Real Estate Finance Bureau of the New York Department of Law issued “Guidance on Housing Development Fund Corporations Seeking to Transfer or Sell Property for, or Otherwise Convert Property to Market-Rate Use” (the “G…

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Law & Legislation The Pullman Case
2016 July The Pullman Case

State legislation and city ordinances can provide a condo, co-op, or HOA board with guidance on how to effectively deal with a disruptive or unruly shareholder—someone whose abusive, harassing, inappropriate or chronically litigious behavio…

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Law & Legislation Financial Record-Keeping
2016 July Financial Record-Keeping

Whether your community is a co-op, condo, or HOA, proper record-keeping is the difference between a healthy property and one headed toward peril. And while meeting minutes and election results require well-organized documentation, records s…

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Law & Legislation Scary Movie
Scary Movie

Who knew? Who'd ever thought that your weekly movie screening inside your condo or co-op's rec room could get your HOA into possible legal trouble? Incredible as it may be, but that seemingly innocent and fun activity with your neighbors c…

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Law & Legislation Give Me a J-51
Give Me a J-51

Editor’s Note:   The web article  published on 7/14/16 “Give Me a J-51” by John Zurz on legislation sponsored by State Sen. Tony Avella and Assemblyman Edward Braunstein  on the J-51 tax abatement program, has been corrected to clarify tha…

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Law & Legislation A New Classification
A New Classification

For the last three years State Senator Tony Avella, D-11, who represents the Queens neighborhood of Bayside, has been trying to get co-ops and condominiums in the state of New York reclassified under the tax code so as to lower the amount o…

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