Hot Legal & Insurance Topics of 2024: What Managers & Board Members Need to Know to Protect Their Communities 2024 NJ Expo Seminar Sponsored by: Acrisure / Stark & Stark Attorneys at Law

By The Cooperator Staff 21 June 2024 Seminars

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Hot Legal & Insurance Topics of 2023: What Managers & Board Members Need to Know to Protect Their Communities

2023 NJ Cooperator Expo Seminar Sponsored by: PeopleFirst Property & Casualty/Stark & Stark Attorneys at Law

Adequate Community Insurance Coverage

How Much is Enough?

Directors and Officers Liability D&O insurance application form.

Directors & Officers Insurance

The Lowdown on D&O

The Role of the Board President

Your Community’s Chief Administrator

Delegation in company. Organizational structure from pins and strings on the board.

Board Roles

Who Does What

I Just Got Elected to My Board - Now What?

2024 NJ Expo Seminar Sponsored by: Associa Community Management Corporation of NJ

News

2/21/2025 Silver Arch Capital Partners closes on $14.5M bridge loan for condominium units in Brooklyn - ROI-NJ

Hackensack- based Silver Arch Capital Partners recently closed on a $14,500,000 bridge loan on eight unsold condominium units and 74 parking spaces in Brooklyn.
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2/18/2025 Officials: Fire destroys 2 Leonia condo complex buildings; 34 displaced - News 12

Firefighters who were first on the scene say they found heavy smoke and flames pouring out of both buildings.
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2/12/2025 Hilton to return to Atlantic City as part of a new hotel-condominium project, developer says - NJ.com

Colosseo Atlantic City Inc. has plans to rehabilitate the former Atlantic Club Casino, a boardwalk property that has been vacant since closing in 2014, turning one tower into 100 condominiums while the other tower will be hotel rooms.
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2/5/2025 NJ takes over supervision of former Atlantic Club; developer confident project will move forward - The Press of Atlantic City

A New York developer is confident his plan to transform a vacant former casino into a hotel-condominium complex will move forward now that New Jersey has taken over supervision of the project.
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1/29/2025 Worker crushed to death by concrete slab at NJ condo building - NJ 101.5

Roofs can be dangerous but in the case of a roofing worker who lost his life this week, it was a ground-level staircase that proved deadly.
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1/22/2025 Kushner Wants To Build New Round Of Luxury Condos In Long Branch - Patch

Kushner Companies is abandoning plans to build what would have been their third hotel in Long Branch, and now wants to build a luxury condo building there instead.
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1/16/2025 Red Cross helps hundreds displaced by disasters in NJ during first week of 2025 - American Red Cross

For many people across New Jersey, the new year has started with devastating disasters. Since the start of the new year, American Red Cross volunteers have provided emergency financial assistance to 144 people in 63 families affected by home fires and other local disasters. These 27 incidents include two larger apartment building fires.
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1/9/2025 N.J. condo property manager accused of $1M fraud scheme, authorities say - NJ.com

A woman who worked as the on-site property manager of a condominium complex in Morris County was recently accused of participating in an elaborate scheme to defraud her employer, authorities announced Monday.
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1/3/2025 6-year-old dead, several injured in fire at Ewing Township, New Jersey, condo building - CBS

A 6-year-old child has died and several others were hospitalized after a fire at a condo building in Ewing Township, New Jersey.
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1/2/2025 Final condo at Wonder Lofts sells; NJCU names new director of honors program - NJ.com

The transformation of Hoboken’s Wonder Bread factory into a residential building -- Wonder Lofts -- has officially concluded with the sale of its final luxury condominium, announced earlier in December by the development team of Prism Capital Partners, Parkwood Development, and Angelo Gordon. Wonder Lofts includes 83 high-end residences.
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12/23/2024 Introducing Village 425 – Redefining Boutique Condo Living in Downtown Jersey City - Jersey Digs

Village 425 is an impressive new condominium offering more amenity space than any other boutique building in Jersey City’s historic downtown district. Residents enjoy a wealth of amenities, including an expansive lounge with indoor-outdoor seating, a TV and kitchen.
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12/18/2024 HOA Crisis: Bad news for seniors and condo owners in general - NJ 101.5

If you live in a condo or planned unit development that has HOA fees, you've probably already gotten the bad news. Your costs are more than likely going up, WAY UP.
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12/17/2024 Introducing Village 425 – Redefining Boutique Condo Living in Downtown Jersey City - Jersey Digs

12/13/2024 Madison Realty Capital, Unity Capital Lend $214M for Jersey Shore Condos - Commercial Observer

An entity formed by three secured $214 million of construction financing to build a 132-unit condo project in Long Beach, N.J.
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12/9/2024 BHI closes $39 million construction loan to EPIRE for 75-unit Jersey City condo project - Real Estate New Jersey

A developer has secured a nearly $39 million construction loan from BHI for a new nine-story, 75-unit condominium building in Jersey City’s Hamilton Park section.
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12/6/2024 Parkside on 1st: Luxury Condos with Deeded Parking in Downtown Jersey City - Jersey Digs

Jersey City’s real estate market is abuzz with the debut of Parkside on 1st, a standout new condo development that has quickly become one of Downtown Jersey City’s must-see properties. Exclusively represented by Marc Brenner and Matthew Gray of Nest Seekers International, the building offers a range of attractive features, including beautiful outdoor spaces and highly sought-after deeded parking. This Downtown Jersey City development is quickly becoming a top choice for discerning buyers.
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12/2/2024 Final Condo Sold at Former Wonder Bread Factory - New Jersey Business

The transformation of Hoboken’s historic Wonder Bread factory into a residential address has officially concluded with the sale of its final luxury condominium. The development team—Prism Capital Partners, Parkwood Development, and Angelo Gordon—announced the closing of the last home, completing the full sell-out of the Wonder Lofts collection of 83 high-end residences.
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11/25/2024 Toll Brothers JV to Develop NJ Condo Community - Multi-Housing News

Toll Brothers City Living, together with Daiwa House, are set to develop a 73-unit luxury condominium community in West New York, N.J. Toll Brothers will remain in charge of the day-to-day operations upon completion.
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11/20/2024 Good News: New Jersey Home Buyers Some Of The Best Negotiators In America - 97.3

In New Jersey, the median sales price for all types of properties on the Real Estate market has increased 12.5% over the last 14 months.
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11/13/2024 New Structural Integrity Law In New Jersey – Community Association Compliance Required - National Law Review

As we enter the last quarter of 2024, we want to again remind our New Jersey community association clients to review whether their buildings require structural inspections pursuant to the new Structural Integrity Law (N.J.S.A. 52:27D-119 et seq.).
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