Tag: Abrams Garfinkel Margolis Bergson LLP

Q&A Q&A: Of Mice and Management
2020 February Q&A: Of Mice and Management

Q. There is a situation with mice in my co-op complex. A shareholder on the first floor contacted the super that she has been seeing mice in her unit. He said he was going to call a pest control company, but they never showed up. The shar…

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Real Estate Trends How to Get In
2013 April How to Get In

 Purchasing a co-op in New York City can be a real odyssey. Even with thousands  of options on the market, securing a place that fits your lifestyle and budget  can leave you with only a handful of viable choices. Factor in each building’s…

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Real Estate Trends Revisiting Reverse Mortgages
2012 February Revisiting Reverse Mortgages

According to the most recent U.S. Census in 2010, an estimated 2.5 million people—or roughly 13.5 percent—of New York’s population is over the age of 65. Older New Yorkers, especially in New York City live in longtime neighborhoods or i…

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Q&A Q&A: Is it Ethical to Get Paid?
2012 February Q&A: Is it Ethical to Get Paid?

Q Is it ethical for board members or immediate family members to choose to do a job that would normally be something the community would get together to do for free (i.e. spreading out mulch in the park, pressure-washing the gazebo or …

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Q&A Q&A:
2010 October Q&A:

Q Is a co-op in New York City compelled to have a live-in superintendent? If so, can he be fired if it is proven that his legal residence is in another state? Our super is never around and when he is in the area he is usually at another…

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Finance What Happens When a Building Defaults?
2007 Jul What Happens When a Building Defaults?

In the early 1990s, thousands of New Yorkers purchased apartments in newly converted co-op buildings; in the early 1990s, thousands of New Yorkers also watched their investments collapse. The co-op market was tanking, equity was at risk …

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Q&A Q&A: Service Contractor Liability
2007 Jul Q&A: Service Contractor Liability

Q I am looking for information regarding service contractors (i.e. cable, TV, phone) needing to set up a prior appointment to access equipment that is installed on owners’ terraces. Does the unit owner have to be at home to let the work…

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Security Visitors and Guests
2006 Dec Visitors and Guests

In a real ad posted on craigslist, a popular website for free classified ads, someone is looking to rent out their 22nd Street apartment in Manhattan. It’s a 625-square-foot, one-bedroom apartment with a doorman, air-conditioning, laundr…

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Law & Legislation Changing the Rules
2005 Jun Changing the Rules

When you're on the board of a co-op or condo building, sometimes it can feel like you need a law degree to understand all of the paperwork that gets thrown at you. Depending on where you live, there are bylaws and proprietary leases and hou…

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