Co-op and condo boards are made up of resident volunteers who want to serve their building communities and have a hand in its governance. While some board members actually make their living as attorneys and have a working knowledge of …
With homeownership comes great responsibility. For co-op and condo residents, part of that responsibility means sorting through the seemingly mile-high stacks of documents handed to you before, during and after the purchase process beg…
Although the budget and tax cuts occupy the public agenda in these recessionary times, housing is still as big an issue as ever. Many housing-related bills, including those specifically related to co-ops and condos, have been introduced…
All for one and one for all. We always knew that buying a unit in a condominium project meant that the value of our property depended in good part on the likeminded conscientiousness of our neighbors. Where owners live, vote and fund th…
Mayor Michael R. Bloomberg presented a Fiscal Year (FY) 2011 Executive Budget and an updated four-year financial plan for New York City that calls for $62.9 billion in spending. While the mayor’s attempt to balance the city’s budget res…
In a high-cost, high-density real estate landscape like New York City, when disputes arise in a multifamily building, tensions can escalate from annoyance to litigation very quickly. In rental buildings, problems can range from lack of…
In the 1950s and 60s, airlines hired comely young women to work the aisles and tend to passenger requests—stewardesses, they were called. And while the word was the feminine form of steward, the combination of the title, the outfit, and…
Lawsuits, by their very nature, are acrimonious affairs. They can be messy, they’re time-consuming, and even when they’re relatively uncomplicated, they’re expensive. For a lower- or median-income co-op or condo resident, getting sued or…
Lawsuits are an unfortunate, expensive fact of life these days—chances are that at some point in your lifetime you’ll be involved in one to at least some degree. In you live in a co-op or condo community, legal issues arise between board…
It will come as no surprise to anyone that between the cars, industry, residents’ power needs, and other energy use, New York City has a pretty mammoth carbon footprint. According to a recent carbon inventory of the city, nearly 80 perc…