On Labor Day, New York Governor Kathy Hochul signed Senate bill S6350A, which prohibits most individual unit owners or shareholders in condominiums (condos) or cooperatives (co-ops) from obtaining or maintaining tax abatements under section…
Tag: Real property law
A group of New York City Council members, led by Ydanis Rodriguez of the 10th District, recently re-submitted legislation that aims to give small business owners more agency when renegotiating the leases for their commercial spaces. Var…
Home sales rarely if ever happen sight-unseen, and condominium and cooperative units are no exception. When purchasing a lived-in space from its previous owner, a buyer may expect to receive certain pertinent information that could impact t…
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 …
Regardless of region or market, a mélange of personalities, preferences and expectations comprise any homeowners association. Part of that diversity includes folks who may need special accommodations in order to fully enjoy and participate…
Q My family is a shareholder of one of eight apartments in a small Brooklyn co-op. The apartment directly above ours was sublet to a family in 1997 that signed an agreement specified by the board of directors requiring the apartment to ha…
Community living' in the context of a co-op or condo building means abiding by a set of rules and regulations designed to serve the community’s best interests and maintain property values. The building board makes the rules, and the reside…
They say there are eight million stories in the naked city, and when you’re an attorney working for a co-op or condo in New York, you may find that some of the best of them are happening to you. While some may think that handli…
hroom sink. But he did so by taking it from our SCRIE-DRIE-STAR credit checks from the New York City Department of Finance. According to our bylaws and proprietary lease, he is not supposed to charge for this service. What can I do about…
Consider the following all-too-common scenario: your condominium association has one delinquent unit owner who owes three months of common charges totaling $915.00 before late fees. Statements have been sent without response, and telep…