How do NYC co-ops and condos operate? Governed by an elected board of directors, these housing corporations are like mini-cities with their own bylaws and governing documents. Here you'll find articles on a wide range of topics that co-op and condo board directors need to understand to govern their housing corporation wisely.
Written by Samantha Tucci on September 30, 2024
Non-renewals are driven by claim history, building violations and non-compliance with risk minimization.
September 17, 2024
The co-op board must approve all transfers, and there are no guarantees.
September 02, 2024
The Habitat Group wishes all of our readers a relaxing — and work-free — holiday.
The board says disgruntled shareholders have not shown proof of wrongdoing.
Disgruntled unit-owners can write a group letter demanding an election, then threaten legal action.
There are three crucial questions to address before imposing fines and late fees.
June 24, 2024
Co-op apartment sellers can challenge improperly implemented flip taxes.
Aggrieved shareholder has limited options in a co-op without a smoke-free policy.
Failure to provide accommodations can result in legal action and financial penalties.
May 27, 2024
The Habitat Group wishes our readers a safe and happy Memorial Day 2024.