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…
As the COVID crisis has evolved, and states have moved into different phases of reopening, swimming pools and other aquatic amenities have been flashpoints for some of the biggest, most contentious questions around reopening (or not) common…
During the COVID-19 pandemic, many condos, co-ops and rental buildings in NYC restricted the entry of nannies, dog walkers, housekeepers, outside contractors, etc. to their properties, limiting access to residents and essential building sta…
The New York City Department of Buildings (DOB) has announced an Amnesty Program for owners of buildings who failed to file a Facade Inspection Safety Program (FISP) report in the 8th Cycle, which ended on February 21, 2020. While most …
As New York City’s real estate market navigates its emergence from COVID-19 torpor, the question at the forefront of many industry professionals, apartment owners, and owner-wannabees’ minds is how the sales process - normally a very person…
As New York continues its efforts to re-open its economy safely amid the continuing (and in many states, intensifying) COVID-19 crisis, there is concern about what the residential housing market - which had experienced a decline even before…
As New York City enters Phase 2 of the state’s reopening plans during the COVID-19 pandemic, residential buildings must determine how, when, and even if they will resume certain functions and services that were shut down or curtailed in…