MESSAGE ABOUT CORONAVIRUS More Link
As condo associations and co-ops across the nation (and the world) contend with establishing reopening procedures and monitoring protocols for their existing amenities after COVID-related shutdowns, buildings that are still in development …
On August 17, 2020, Governor Andrew Cuomo announced that all gyms and fitness centers in New York State may reopen for operation on Wednesday, September 2, 2020. (Indoor group fitness classes may be delayed beyond that date.) Upon reopening…
A survey released on August 24th by the Brooklyn Chamber of Commerce confirms what many New Yorkers knew - or at least predicted - would happen as the coronavirus pandemic has dragged on, with guidance and support at all levels of governmen…
In an August 19 press statement, the Real Estate Board of New York (REBNY) reported that while total investment and residential sales volume increased 11% to more than $3.95 million between June 2020 to July 2020, “These transactions, criti…
The first seven months of 2020 have been difficult and uncertain for our country. With the emergence of the COVID-19 pandemic, we are all navigating uncharted waters and doing our best to adapt. Amid this unprecedented challenge, racial ten…
The arrival this past spring of an easily transmittable, frequently life-disrupting, and sometimes deadly virus profoundly impacted day-to-day activity for busy New Yorkers - including a certain socioeconomic bracket accustomed to the conve…
COVID-19 has caused more far-ranging, persistent anxiety than any other event in recent history. It has affected our jobs, our living situations, and the way we interact with others, and it’s not done with us yet. Scientists and public heal…
Reserve funds are a normal - and crucial - component of the budget for any co-op and condominium community. Lenders of all types, whether it be the banking institution that holds the underlying permanent mortgage on an entire co-op building…
As some states continue phased reopening of their economies and social spaces, and others are forced to backtrack as coronavirus cases spread, the question on every board member and property manager’s mind these days is how their own commun…
In a posting on legal pros website Lexology , New York law firm Cozen O’Connor advises co-ops and condos to keep their gyms and pools closed for the time being, both to prevent the spread of coronavirus and to avoid liability and violati…