The media and political buzz surrounding so-called 'homeshare' or 'short-term rental' websites (primarily Airbnb, but also other similar services like Homeaway.com and VRBO.com, just to name two) has been on the upswing over the last year …
Tag: Property
Q I am the president of a 25-unit condominium association in Suffolk County, N.Y. Our offering plan, declaration and bylaws all stipulate that the community is for single-family occupancy only. In the past, all owners have complied. One o…
Q I live in a condo community that is supposed to be represented by its board members and the board attorney but the two seemingly only serve themselves. In researching this board attorney, I am finding that he writes for several newslett…
I live in a New York City condo. There are a total of 204 apartments, 140 of which are privately owned and rented by their owners, and 64 which are occupied by their owners. My question is the following: Can 6 members of a board of 7 decide…
The concept of high-rise living—people on top of each other—or across a privacy fence in condo living, doesn’t automatically equate to a sense of community; in fact, the close proximity sometimes has opposite effect. The reality is, reside…
Q I've heard a lot about the STAR abatement and other tax breaks for apartment owners, but I'm confused as to who gets what, and how those refunds are distributed among residents in multifamily buildings. Could you please clarify the most…
Q “We live in a condominium development of 130 units. One investor own 48 of these units. He’s taken two seats on the board since 1986. No one votes for him, I suspect he always votes for himself and gets on the board. Can this be possibl…
In an apparent case of first impression, on February 25, 2014, Justice Anil C. Singh of the New York Supreme Court ruled in favor of the plaintiff—The South Tower Residential Board of Managers of Time Warner Center Condominium—holding that…
Condos and HOA communities can be a great setting to own a home, enjoy privacy and the comforts of your own personal space. But, there will always be tension between the desire to make your unit your own, and adhering to the rules of the c…
For more than a quarter-century, The Cooperator’s Co-op & Condo Expo has been a must-attend event for the tri-state area’s property managers, board members, real estate professionals, shareholders and unit owners. Coming from all corners o…