In a decision with profound repercussions throughout the co-op community, the New York Court of Appeals decided last month to allow the application of the business judgment rule in situations involving so-called "objectionable tenants." …
Anyone living in a co-op knows that if they want to renovate their apartment, they will need to sign an alteration agreement. This document is basically a contract between the shareholder and the co-op in which the shareholder agrees to va…
Local 32BJ of the Service Employees International Union (SEIU) reached agreement on a new three-year contract, averting a potentially costly and damaging strike that would have impacted more than a million apartment dwellers in Manhattan, …
Reporter's Diary Day One: The Assignment 2:30 PM: Read e-mail assignment letter from editor at The Cooperator. Topic is compulsive hoarding: who does it, how it mushrooms into problems for shareholders and their neighbors, what can…
State legislation regulating the payment of contractors and allowing the withholding of payment for shoddy or incomplete construction work, was signed into law by Gov. George Pataki and became effective January 15. The Construction Co…
Subletting your co-op or condo apartment in the city is a lot like subletting a rental - but with a few important differences. Many co-op apartment boards flatly refuse to allow subletting, and of those that do allow it, nearly all have st…
Mayor Michael R. Bloomberg recently signed legislation increasing the income exemption eligibility levels to help reduce the tax burden on senior homeowners. Intro 265 amends the city's administrative code with respect to the Senior …
The Cooperator recently hosted the first of what is hoped to be an ongoing series of casual, roundtable-style forums in which co-op and condo presidents from all five boroughs met to discuss issues and concerns of particular interest to sh…
Honking horns, noisy refuse trucks, construction clamor, boom boxes and car alarms are just some of the undeniable facts of life in living in the city that never sleeps. Mayor Michael R. Bloomberg, however, hopes to quell these noisy episo…
If you live in a co-op, you have one. It may be a woman, or a man; someone just starting their career, enjoying the fruits of retirement, or somewhere in between. They don't get paid, they put in many hours on your behalf, and chances are …