In a metropolis of 8.5 million residents, it’s not surprising that it takes an awful lot of people in a lot of departments and organizations to keep New York City government running smoothly. Some of those people (the mayor, for instance) a…
Since before recorded history, people have celebrated events, often decorating homes and public spaces to mark this or that special day or event. We still love to adorn our doors, windows, and other areas with festive décor at different tim…
Being elected to your board can feel daunting - but fortunately, there are lots of educational resources available to help new board members get oriented. These same resources can also help seasoned board members refine their administrative…
An accident that involves a worker who injures him or herself while on the job at a building can spell legal and financial trouble for building owners and managing agents under New York's Labor Law. Three important sections from the law to …
Part of being an effective board member is keeping abreast of legal and legislative issues that could impact your building and its residents. Attorney Marc H. Schneider discusses a few things that should be on your administrative radar.
New York dealt a setback to Airbnb on October 21, when Gov. Andrew Cuomo signed a bill into law that prohibits users of the popular online hospitality marketplace and other home-sharing sites from advertising their units for short-term re…
Few situations in life require you to lay bare your financial health and history in such full-color detail the way buying a co-op does. While it may be stressful and time-consuming to prepare and share all the documents required for evaluat…
When buyers purchase apartments, they also purchase access to the condo or co-op’s shared amenities. Depending on the scale and financial demographics of the building, those amenities could be substantial; during the real estate boom of the…
While state and local governments implement energy-saving incentive programs and more buildings are either being retrofitted or built with next-generation energy-saving technology, the habits of unit owners and shareholders still impact a b…
Every co-op, condo, and HOA must elect a board of directors to oversee the community’s finances, physical maintenance, and other day-to- day operations. While board elections don’t rise quite to the level of a state or even local election i…