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On the heels of a nationwide recall of a half-million hoverboards by the U.S. Consumer Product Safety Commission (CPSC) due to a fire risk, co-ops, condos and HOAs are warily looking at ways in which to ban the usage of these two-whe…
A condo board with a multimillion-dollar lawsuit, three years of aggravation and ulcers all around. Everyone wants to feel heard, and, particularly in conflict—when emotions are often inflamed—it’s easy for understanding to be compromised…
On July 16, 2015, the Real Estate Finance Bureau of the New York Department of Law issued “Guidance on Housing Development Fund Corporations Seeking to Transfer or Sell Property for, or Otherwise Convert Property to Market-Rate Use” (the “G…
State legislation and city ordinances can provide a condo, co-op, or HOA board with guidance on how to effectively deal with a disruptive or unruly shareholder—someone whose abusive, harassing, inappropriate or chronically litigious behavio…
Whether your community is a co-op, condo, or HOA, proper record-keeping is the difference between a healthy property and one headed toward peril. And while meeting minutes and election results require well-organized documentation, records s…
Who knew? Who'd ever thought that your weekly movie screening inside your condo or co-op's rec room could get your HOA into possible legal trouble? Incredible as it may be, but that seemingly innocent and fun activity with your neighbors c…
Editor’s Note: The web article published on 7/14/16 “Give Me a J-51” by John Zurz on legislation sponsored by State Sen. Tony Avella and Assemblyman Edward Braunstein on the J-51 tax abatement program, has been corrected to clarify tha…
For the last three years State Senator Tony Avella, D-11, who represents the Queens neighborhood of Bayside, has been trying to get co-ops and condominiums in the state of New York reclassified under the tax code so as to lower the amount o…
Residents of the Sky House condominiums at 11 E. 29 th St., a 55-story building that once towered over its Madison Square Park neighborhood, have launched a successful zoning challenge against a newly proposed condo across the street, te…
Airbnb's stake in the New York housing rental market could hit a major snag thanks to state lawmakers. The New York State Senate passed a bill on June 17 that would prohibit users of the popular online hospitality marketplace from adve…