Having a commercial space on the ground floor of your co-op building can be both a blessing and a curse. On the blessing side, the income generated by such a space can provide much-needed income for a residential cooperative, reducing sha…
In a recent decision, a New York City co-op was ordered to pay $165,000 to a shareholder over the board’s refusal to allow her to keep her ‘emotional support parrots’ - a judgment the U.S. Attorney for the Southern District of New York …
According to recent reports, the board of the Galleria — a luxury condo on East 57th Street - is suing noted illusionist David Copperfield for over $2.5 million to repair damage to a unit he owns in the building. Copperfield purchased…
The boards of buildings and associations face an ever-changing landscape of laws, rules, government actions, and policies, while at the same time handling the everyday challenges of running a multifamily community, including the perennial i…
New Jersey law requires that alternative dispute resolution (ADR) be attempted before a lawsuit can proceed. This rule has the potential to save everyone involved a lot of time and money, but knowing what type of ADR is the best fit for a g…
This panel of seasoned management experts will walk recently-elected board members through what they need to know to carry out their new role more smoothly and efficiently. The discussion will include practical tips and techniques for worki…
In response to the 2021 Champlain Tower South Condominium collapse in Florida, Governor Phil Murphy took a crucial step toward ensuring building safety this past January by signing S2760/A4384, commonly referred to as the Structural Integri…
This publication spends a lot of time exploring and explaining the duties and purpose of multifamily boards—the benefits and drawbacks of serving on them, and even the difficulty that many buildings and communities have with motivating owne…
There’s an old joke about business partners on the outs. The punchline is something like, “my lawyer is bigger than your lawyer!” Punchlines aside, though, who can you sue, when, and for what? In our litigious society, the short answer is n…