As the nation starts to regain a semblance of normalcy with COVID-19 vaccinations on the rise and restrictions beginning to ease, legislative dockets have filled with bills and proposals that have ramifications for the co-op, condo, and HOA…
Category: Law & Legislation
The 2021 legislative session of the New York State Legislature has presented an unprecedented number of proposed bills seeking to reform the way housing cooperatives operate. Many of these bills are ill-conceived in our view, and will serv…
According to a press release from Building Service Workers Union 32BJ SEIU, doormen, concierges, and porters, along with representatives of the union and elected officials - including State Senator Brian Benjamin and Assembly Members Harvey…
Q: I'm a member of my building's board. At a recent board meeting, the owner of our management company told the board that I fired the plumbing company. The owner of the plumbing company then asked for my name and phone number, and the mana…
With filings for Local Law 97 and other related energy and environmental regulations looming, many co-op and condo boards may have questions about completing the filings properly and on schedule. While it’s best - crucial, in fact - that yo…
Once again, a push to pass legislation requiring co-op boards to disclose their reasons for rejecting would-be shareholders is afoot in the New York State Senate. The bill is sponsored by housing committee chairman Brian Kavanagh, a Democra…
Is a condominium -- or any type of common interest community -- a democracy? Do the shareholders in a co-op have the right to access the documents and information their boards use to make decisions? Can they demand to see those documents? T…
On Monday, New Yorkers were stunned to see a brutal anti-Asian hate crime captured on a security camera in front of a residential building at 360 West 43rd Street near Times Square. Outrage was compounded by video footage of the building …
You may have heard that thanks to cooperative corporations being included in the new federal Stimulus Bill passed at the end of December, residential co-ops can now obtain loans under the Fed’s Paycheck Protection Program (PPP). While this …
When the State of New York passed the Housing Stability and Tenant Protection Act (HSTPA) in June 2019, legislators may not have envisioned that the law would have repercussions for co-op and condo owners - but in fact it did just that. T…