In New York State, cooperative corporations are governed by the New York Business Corporation Law (BCL), a piece of legislation that dates back to 1890 and is considered a very influential model for U.S. corporate law. The BCL contains 20 …
Landscaping is a huge part of any building or HOA's curb appeal, and strong, healthy trees are the anchor of any solid landscaping theme. Here, a tree care pro gives some tips on how to care for your community's trees and keep them leafy an…
In December of last year, The Cooperator reported on the Open Door initiative, a part of New York City Mayor Bill de Blasio's ' Housing New York 2.0 ' plan to promote affordable housing. Open Door aims to fund construction of co-ops …
Perhaps the most prized amenity in a New York City home is private outdoor space. Brownstones may offer a garden, a roof deck, or a small terrace. Pre-war buildings have coveted wrap-around penthouses, and post-war high-rise buildings oft…
If you're fortunate enough to serve on a cohesive, friendly board in a building or association with a strong sense of community and few issues, it can be very tempting to 'go with the flow' and handle board business in an informal, case-by-…
Another New York City building could be next in a line of properties that have recently extricated themselves of the Trump name following the election of Donald Trump to the U.S. presidency in 2016. Crain's New York Business reported…
One could be forgiven for growing tired of reading about how expensive New York City real estate is. The prices trend ever upward--everybody gets it. But the curiosity of even the most cynical spectator might be piqued if he or she knew the…
The trend today is toward a paperless world. Electronic record keeping can reduce costs overall by eliminating the need for physical paper, while also helping to improve our environment and save space. But are electronic records the right …
While a board - or their constituent homeowners - may feel their community needs to employ all the latest gadgets and technology to secure their property and safety, the fact is, it's a rare community that truly needs biometric retinal scan…
The main takeaways that describe the Brooklyn and Queens residential market in the first quarter of 2018 were record-setting prices and slow sales, according to Douglas Elliman's most recent 1Q 2018 report. For Brooklyn condos, the ave…