Whether you're a manager or a board member, running a condo, HOA, or co-op has never been an easy job. There's always a capital project to fund, a contractor to hire, a dispute to resolve, a leak to repair...the list can feel endless. Add t…
The continuing war in Ukraine and the accompanying sanctions imposed by the US, EU, and their allies reach into our own backyard. Many Russian oligarchs own luxury apartments and other real estate in New York and elsewhere in the United Sta…
When one buys a private single-family home, the homeowner is king or queen of the proverbial castle. When it comes to condominium and cooperative ownership, however, the landscape is more complex. While the shareholder or unit owner rules w…
In a community association, it falls on the board to put out any fires that ignite among the property’s residents. But what happens when that blaze springs up between the board members themselves? Those who volunteer to serve on their com…
Condos and co-ops are unique in their management structure, of which there are two levels: the board of the association or corporation, which governs the community on behalf of the unit owners or shareholders, and a hired management agent, …
Even as businesses, schools, and even entire economies shut down at the start of the coronavirus pandemic last year, the task of running residential buildings and communities never ceased. In fact, it could even be argued that as people wer…
As the nation starts to regain a semblance of normalcy with COVID-19 vaccinations on the rise and restrictions beginning to ease, legislative dockets have filled with bills and proposals that have ramifications for the co-op, condo, and HOA…
In a statement released on Thursday, June 10, Service Employees International Union SEIU 32BJ President Kyle Bragg lauded the passage of S6350A/A7434 - a landmark piece of legislation the union had long championed on behalf of workers in tr…
Term limits are often a hot issue at all levels of government. Does capping the tenure of an elected official clear the way for new ideas and re-energize governance, or does it cut off expertise and knowledge that can really only be acquire…
Property tax deductions currently available to disabled veterans in single-family homes and condos may soon be extended to disabled veterans who own and live in cooperatives and mutual housing corporations as well. In a recent press relea…