Tag: Property law

Q&A Q&A: Condo Foreclosure
2009 Nov Q&A: Condo Foreclosure

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…

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Q&A Q&A: Subletting Sisters
2009 June Q&A: Subletting Sisters

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…

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Real Estate Trends What You Must Know
2009 April What You Must Know

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…

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Q&A Q&A: Guest Parking Violations
2008 Oct Q&A: Guest Parking Violations

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…

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Q&A Q&A: Shared Living Arrangements
2008 April Q&A: Shared Living Arrangements

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…

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Exterior Do's and Don'ts of Exterior Signage
2008 March Do's and Don'ts of Exterior Signage

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…

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Q&A Q&A: Cost Responsibilities
2008 Jan Q&A: Cost Responsibilities

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…

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Real Estate Trends Divine Profits
2007 Jan Divine Profits

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.…

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Board Operations Future World
2006 Jul Future World

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 …

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Q&A Q&A: A Fair Sublet Fee?
2006 Jun Q&A: A Fair Sublet Fee?

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…

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