Q I am three months behind in my homeowner’s association payments. Can the condominium foreclose on my unit? My mortgage payments are up to date, and I called my lender who said, ‘no, they cannot foreclose.’ What do you say? I wrote a…
Tag: Property law
Q I have used my sister’s co-op apartment as my primary residence for 12 years. She holds the proprietary lease and owns the shares but she has never lived here. Recently the old co-op board was replaced, and the new board is tryi…
It’s amazing how good building owners and managers are at increasing and garnering revenue from residential tenants while at the same time leaving themselves to the will and whim of laundry room operators who impose contracts lasting fo…
Q The co-op I live in has its own parking. Even stockholders must purchase a parking pass if they wish to use the lot. In order to make it convenient for my son to visit me, I bought him an annual pass to the parking lot. My son is an adu…
I have lived in a co-op for the past three years. I am planning on having my boyfriend move in with me in a few months. Are there any rules or regulations that will prevent that from happening within my co-op? —Subleasing Sh…
To paraphrase the 1948 film, and later, television series of the same name, The Naked City, there are eight million stories in the naked city. And probably ten times that many signs. They are everywhere, all asking for our attenti…
Who is responsible for chimney maintenance in a New York City co-op? (Not all the apartments have fireplaces.) Also, who is responsible for repairing/replacing windows? My apartment is a loft with unique windows that are not easily repaire…
It’s no secret—in fact, it’s been a problem for years: residential developers in Manhattan and other hot areas like Downtown Brooklyn are running out of space. Various solutions have been applied to the space issue over the years.…
Most of us don’t like to spend a lot of time contemplating our so-called “final wishes”—we’d much rather leave planning our wills and executing our estates for another day. Uncomfortable as the subject is for many people however, it’s …
Q I’m curious! What is a fair sublet fee for a small Brooklyn co-op? Is it just a percentage of the maintenance, or decided upon by some other formula? —Brooklyn Shareholder A Michael Manzi, an attorney at Balber Picka…