Category: Law & Legislation

Law & Legislation
2004 Mar Understanding Mechanics' Liens

Co-op and condo boards often become involved in disputes with contractors and subcontractors who perform work either on the building's common areas, or within individual apartments for a shareholder or unit owner. A mechanic's lien and lie…

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Law & Legislation
2003 Sep Sidewalk Liability

Property owners will now be responsible for the maintenance and repair of public sidewalks in front of their buildings following passage of legislation that transfers liability from the city to the owners of multi-family dwellings. Ma…

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Law & Legislation
2003 Sep Getting The Lead Out

1960: New York City becomes the first municipality in the country to ban sale of lead paint. Nationwide restrictions on the manufacture and use of lead-based paint did not come into effect until 1978. 1982: Local Law 1 of 1982 - New …

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Law & Legislation
2003 Aug Examining Books and Records

Scenario: A shareholder or unit owner suddenly demands an inspection of the board's "books and records." Since the board is not guilty of financial impropriety or the squandering of funds, it has nothing to hide. Nevertheless, the b…

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Law & Legislation
2003 Jun Feeling Your Pain

New York City's eight million hardy souls are used to a lifestyle in which the best of everything is at their disposal. But now residents may have to do more with less as the city struggles to find its way out of a deepening fiscal crisis.…

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Law & Legislation
2003 Jun The Silent Killer

With all the recent concern over environmental hazards in residential buildings - mold, funguses, and various allergens - it makes good sense to discuss one of the most dangerous of the invisible problems that can plague a home or building…

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Law & Legislation
2003 Jun Push and Pullman

In a decision with profound repercussions throughout the co-op community, the New York Court of Appeals decided last month to allow the application of the business judgment rule in situations involving so-called "objectionable tenants." …

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