In the labyrinth of our legal system, changes to a law can reverberate outward to impact areas not originally intended. Such is the possibility with recent changes—and changes to those changes—to the Corporate Transparency Act (CTA). Hal Co…
What’s a board to do when a shareholder or unit owner consistently fails to hold up their end of the agreements—both spoken and unspoken—that underpin successful multifamily living, either through nonpayment of fees, or objectionable behavi…
Just as a ship cannot steer without its captain, a board cannot function effectively without its president. As the administrative head, this volunteer position is vital for ensuring the smooth operation of a condo, co-op, or HOA board. The …
On December 23rd, the Fifth Circuit Court of Appeals issued a decision staying the nationwide injunction issued by the U.S. District Court for the Eastern District of Texas earlier this month. This court order reinstates the deadline for f…
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…
