The Department of Buildings announced that it is extending to June 30th the 2025 Benchmarking (LL84) deadline for all property owners required to submit energy and water use data for the calendar year 2024. The deadline was previously set f…
May 1 marks the deadline for an array of compliance reports NYC co-op and condos must submit to the city; Local Laws 97, 84, and 88 reports are all due on May Day. But according to tech-driven property management firm Daisy , the Departm…
It may seem counterintuitive, but the person who wins a seat on their co-op or condo board is often not simply the most popular person to throw their hat into the ring. Before the votes are cast at the annual meeting, candidates eyeing boar…
It takes many vital components working in unison to enable a residential multifamily building to function effectively: a management team to help things run smoothly, committed, engaged board members who volunteer their time, and residents w…
A recent court case involving a dispute between the board of The Parc Vendome—a 587-unit prewar condo building on Manhattan’s West Side—a commercial tenant in the building, and the building’s own residents has thrown new light on the questi…
In a recent essay published in the National Housing Conference (NHC)’s newsletter, NHC President and CEO David M. Dworkin breaks down ‘What we know about Fannie and Freddie as we begin the 10th week of revolutionary change’ for readers. …
For over 20 years now, co-op and condo board members, managers, and the professionals they depend on to keep their buildings running safely and smoothly have made the annual pilgrimage to the CooperatorEvents Expo—and this past March 4 was …
On March 2, the US Treasury Department announced via press release that not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing Corporate Transparency Act (C…
In today's hectic, over-scheduled world, it is often a big challenge to get residents to take an interest in the governance and administration of the co-op & condos they call home. However, involved and engaged owners and shareholders are k…
The 2019 Housing Stability Act caused major delays in collecting co-op arrears, and the COVID pandemic quintupled the problem. With the courts still backlogged and every shareholder entitled to an attorney to represent their interests in th…