There's no getting around some expenses -- utilities, scheduled maintenance, and taxes all have to be paid; but there are some areas where a savvy, informed board can keep costs in check without sacrificing quality of service. Here, a pair …
Category: Law & Legislation
Controversy is not only surrounding Donald Trump's second year into his presidency, but also the buildings in New York City that bear his name. As reported by the New York Post , a condo building called Trump Place at 200 Riverside …
Last October, The Cooperator reported on a legal fight between the non-profit New York Public Library and the board of the Fifth Avenue Tower condominium association. The disagreement stemmed from the library’s attempt to undergo …
Updated December 27, 2017 New York property owners could get some tax relief from the state following the passage of the sweeping new Republican-backed tax law in Washington. Last Friday, New York Gov. Andrew Cuomo issued an emergen…
(Updated on 12/22/17 to reflect that President Trump signed the new tax bill into law) On December 22, 2017, President Trump signed into law a major $1.5 trillion tax plan that Congress had earlier passed, the first re-writing of o…
Living in and running a co-op or condo can be stressful. And it's understandable that both the board of an association and those to whom it serves can find themselves overwhelmed, not only with vital information pertaining to their day-to…
Though it has been in effect in New York City since 2009, questions about the City’s benchmarking law have re-entered the public conversation since the law was revised last year to include an additional 10,000 mid-size buildings. If you are…
In smaller buildings and associations, it's tempting for boards to do business and make decisions based on goodwill and a handshake -- board members may have been serving for decades, and know each other like family. Tempting or not however…
Conflicts between both unit owners and their co-op or condo, or between neighbors, can get ugly pretty quickly. Often due to many considerations--in particular the slow pace of anything in common-interest properties and the general reluctan…
The New York Public Library is undertaking a substantial renovation at its Mid-Manhattan branch on Fifth Avenue, to the tune of some $200 million. As the New York Daily News reported, the library closed on August 1 for a project that …