Starting August 28, 2018, all residential buildings with three or more units in New York City will be required to adopt a written smoking policy . This applies to rentals, co-ops, and condos. The new ordinance, called Local Law 147 …
Earlier this month, Neal Milano, the property manager of a 47-unit condo building in Sunnyside, Queens, was arrested for allegedly and repeatedly “following, yelling obscenities at, grabbing and pulling a 43-year-old woman" who was a former…
Whether you are already a condo or co-op board member, or just became a new member your board, it never hurts to brush up on your knowledge about proper board practices to make sure things run smoothly in your building. That’s what audienc…
While the residents of a condominium, cooperative or homeowner's association may stay fixed for years happily coexisting in a communal environment, there remains a revolving door of staffers, contractors and vendors servicing the property i…
Normally, a co-op, condo, or HOA management team is well-equipped to handle a wide variety of day-to-day matters, like leaky roofs and faulty garbage disposals. There are other bigger issues—such as embezzlement and fraud—that require outs…
While a lot of the day-to-day business of running a co-op or condo building happens in the management office or on-site at the level of maintenance and staff management, meetings—board-only and resident alike—are the forum where importa…
Q Does a cooperative board have the legal right to create their own occupancy guidelines? —Curious Cooperator A “The proprietary lease (sometimes called the “occupancy agreement” in certain co-ops) of a cooperative t…
Accountants are a norm for most people around tax time. And then, post-tax season, we rarely think about them. But for co-op and condo owners, this shouldn’t be the case. It’s crucial that large buildings hire an accountant to help with…
Co-op and condo boards are made up of resident volunteers who want to serve their building communities and have a hand in its governance. While some board members actually make their living as attorneys and have a working knowledge of …
Holding regular meetings is one of the most essential tasks of a co-op or condo board, because that’s where the building’s policy is formed, where business decisions related to the community are made and usually where administration of …