With safety and environmental regulations on the increase, co-op and condo communities in New York City face a growing slate of compliance work that must be completed in a timely manner in order to avoid fines and other costly penalties. Of…
The job of managing a multifamily property is hectic, and often stressful - but it’s rarely (and blessedly) ever deadly. A tragic exception to that unfolded on August 22 in Atlanta, Georgia, when according to local news outlets a local cond…
The Cooperator Events Presents a Virtual Town Hall: Budgeting Better - How Your Board Can Take Control of Expenses & Improve the Bottom Line. Sponsored by Czarnowski & Beer LLP Thursday September 8, 2022 at 2:00PM EST WATCH ON DEMAND! Mo…
In these difficult inflationary times, many co-op corporations and condominium associations are looking for ways to generate income to make up for unexpected financial shortfalls between their projected operating expenses and current actual…
In 2016, the New York City Council passed a citywide ordinance requiring the installation of natural gas detectors, 180 days after “an industry standard concerning the use of natural gas detecting devices in residential buildings has been p…
At the heart of co-op and condo living is the association or corporation board, that unique self-governing body that directs the community and carries out its mission to uphold quality of life and preserve the investment of its members. Boa…
A CooperatorEvents Webinar: How to Navigate and Respond to the New Fannie Mae/Freddie Mac Temporary Guidelines for Condominiums. Presented by Becker & Poliakoff WATCH ON DEMAND This course is approved by Community Association Managers Int…
Americans are a particularly litigious lot, believing as many of us do that we are endowed with the inalienable right to life, liberty…and the pursuit of recompense for any slight or wrong done to us, real or perceived. This tendency is unf…
Even though 2022 started off with a backlog of court proceedings and legislative sessions after months of COVID closures and related scheduling issues, a number of cases and bills of interest to the multifamily housing community have gone t…
Last week, the New York State Senate did not take up renewal or replacement of the 421a tax abatement that is set to expire on June 15, 2022, leaving the fate of the program—and new residential building in the city—in limbo. Currently kno…