Disgruntled unit-owners can write a group letter demanding an election, then threaten legal action.
Historic deal preserves affordability under a 99-year regulatory agreement.
Duped condo buyers avoid foreclosure, create a limited-equity co-op.
The offering plan and contract of sale will determine who's responsible for the repairs.
In a first, a Mitchell-Lama co-op has converted to an HDFC with a 50% flip tax.
In a first, rent-stabilized apartments are converting to affordable co-ops — forever.
Written by Adele Niederman on January 26, 2024
Adele Niederman has a rebuttal for privatization plan at Cadman Towers in Brooklyn.
Written by Toba Potosky on December 15, 2023
Brooklyn's Cadman Towers co-op uses "Article 2 to 11" to preserve affordability.
Written by Emily Myers on October 04, 2023
The special rate is available to those buildings located in one of 15 city-designated priority community districts.
September 26, 2023
City rolling out ambitious plan to curb landfill shipments and greenhouse gases.