The rising cost of living in New York City impacts nearly everybody. But it’s especially infuriating to realize that one way the city government makes up for lost revenue is by cracking down on residents and property owners. NYC collects ov…
Category: Law & Legislation
According to a recent item published by the National Housing Conference (NHC), Representative Mike Lawler (R-N.Y.) has “announced a new sweeping legislative housing plan that looks to incentivize construction to produce more affordable…
The Background In a recent case, the Community Associations Institute (CAI) and several community associations sought a preliminary injunction against the enforcement of the Corporate Transparency Act (CTA). The CAI argued that requiring t…
Many residential co-ops and condos have commercial retail space or parking garages in their buildings–but frequently, these spaces are not owned or controlled by the condominium or cooperative. In condominiums, retail space and parking ga…
In a recent decision, a New York City co-op was ordered to pay $165,000 to a shareholder over the board’s refusal to allow her to keep her ‘emotional support parrots’ - a judgment the U.S. Attorney for the Southern District of New York …
According to recent reports, the board of the Galleria — a luxury condo on East 57th Street - is suing noted illusionist David Copperfield for over $2.5 million to repair damage to a unit he owns in the building. Copperfield purchased…
Enacted in March of 2021, New York’s Marijuana Regulation & Taxation Act (MRTA), contemplated allowing home cultivation of cannabis as part of its purview. However, the practice was not to take effect until 18 months after the first recreat…
After the devastating gas explosion in Harlem in 2014 that leveled a building, leaving eight people dead, and a second explosion in the East Village in 2015 that killed two and injured twenty, New York City passed Local Law 157. While LL 15…
As evidenced by the recent - and likely ongoing - flap over congestion pricing, car usage, ownership, and the financial implications of both are major issues for New Yorkers. Owning a car in the city is an undertaking in itself, and for mos…
Way back in 1966, New York State established the Housing Development Finance Corporation (HDFC) as part of its efforts to provide affordable housing to residents of the state. The program has been very successful, providing over 100,000 aff…