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Category: Law & Legislation

Law & Legislation Cutting Down on Attorney Costs
2008 Feb Cutting Down on Attorney Costs

Condo and co-op boards are always looking for ways to save money and one area where some cost-cutting opportunities might be found is in your legal bills. Your building's attorney likely performs many different types of services, works d…

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Law & Legislation Confessions of a Co-op/Condo Attorney
2007 Oct Confessions of a Co-op/Condo Attorney

While we were toiling away at our respective law schools and then studying endlessly for the bar examination, we never expected to be confronted with the wide range of issues that our cooperative and condominium board clients have approa…

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Law & Legislation Unusual Insurance Claims
2007 Aug Unusual Insurance Claims

The world of insurance, although not necessarily simple, is usually cut and dry, not the stuff of excitement. While condos and co-ops have insurance for the common areas like roofs, stairways, lobbies and often the apartments as well, th…

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Law & Legislation Budgeting for New York City's Future
2007 Jun Budgeting for New York City's Future

Mayor Michael R. Bloomberg announced his $59.0 billion budget plan for Fiscal Year 2008 and presented his updated four-year financial plan for New York City. In preparation for a possible economic slowdown, the mayor's proposal focuses o…

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Law & Legislation Understanding Apartment/Home Tax Inequity
2007 Jun Understanding Apartment/Home Tax Inequity

The old saying goes that the only two sure things in life are death and taxes. According to the experts, for owners of co-ops and condos in New York City, there's a third inevitability: you're going to be taxed at a higher rate than owners …

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Law & Legislation Avoiding Legal Nightmares
2007 Jun Avoiding Legal Nightmares

We all have nightmares. Whether it's hungry sharks nipping at our feet or shadowy figures lurking in the woods, there will always be things that wake us in the middle of the night. If you're a co-op or condo owner, manager or board membe…

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Law & Legislation City Council Speaker Christine Quinn
2007 Jun City Council Speaker Christine Quinn

You would think that trying to get to know the city's first female Speaker, Christine Quinn, would be difficult when you've only been granted ten minutes in the demanding politician's day. However, in such a short timeframe, Quinn has enoug…

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Law & Legislation Co-op and Condo-Related Legislation
2007 Jun Co-op and Condo-Related Legislation

Legislatures are in session, both in the city and in Albany, and, as always, housing is a hot issue. What bills should co-op and condo board members, managers and owners be looking at that may impact their residences? While there ar…

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