The new year rang in new requirements for business entities that are created by the filing of a document with the secretary of state, including cooperatives (coops) and perhaps condominiums (condos), to report personal...more
Effective immediately, Section 231-B of New York Real Property Law (Section 231-B) has been amended to require that every existing and prospective residential lease provide a notice to the tenant related to the leased...more
The commencement of the Local Law 97 (LL 97) compliance period is quickly approaching, beginning in January of 2024. Condominiums and Cooperatives will soon be assessed hefty fines for non-compliance. See our previous...more
New York City recently adopted Local Law 18, also known as the “Short-Term Rental Registration Law,” which requires owners and/or renters (hosts) who want to rent out their residential units for less than 30 days to register...more
In recent months, there has been a dramatic increase in fires resulting from faulty or malfunctioning lithium-ion batteries and chargers used in e-bikes, e-scooters, and other electronic mobility devices....more
No later than December 27, 2021, all workers in New York City must provide proof to their employers that they have received at least one dose of a COVID-19 vaccine, under an order recently issued by the commissioner of the...more
On Labor Day, Governor Kathy Hochul signed Senate bill S6350A that prohibits most individual unit owners or shareholders in condominiums (condos) or cooperatives (coops) from obtaining or maintaining tax abatements under...more
Boards of cooperatives (coops) and condominiums (condos) should start thinking about whether to implement a vaccination policy for their buildings now that vaccines are becoming more available. Boards not only have a...more
2/10/2021
/ Americans with Disabilities Act (ADA) ,
Civil Rights Act ,
Common Areas ,
Condominiums ,
Fiduciary Duty ,
Life Sciences ,
Public Health ,
Tenants ,
Title VII ,
Vaccinations ,
Workplace Safety
With cooler temperatures descending upon New York City, New Yorkers are being forced to spend more time indoors. The good news is that this month the city has authorized the reopening of indoor pools. However, saunas, steam...more
Beginning September 2, 2020, gyms and fitness centers in residential cooperatives (coops) and condominiums (condos) in New York City (NYC) are permitted to open....more
In our recent Alert, we discussed whether residential condominiums (condos) and cooperatives (coops) are permitted to open their pools and gyms despite those facilities being closed to the public in New York City pursuant to...more
Summertime is here, and so is Phase Three of the reopening of New York City following the onset of the COVID-19 pandemic in the United States. For the first time in four months, residents of NYC are beginning to feel a sense...more
Boards of cooperatives and condominiums have faced unique and profound challenges due to COVID-19. To date, boards seeking to take action have had their proverbial hands tied behind their backs during the COVID-19 bans on...more
In the midst of the coronavirus pandemic when more condo and coop board business is being conducted electronically than ever before, the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act) will go into effect on...more
Coops and condos will not need to pay their service employees prevailing wages to keep their units eligible for the Cooperative and Condominium Tax Abatement (the abatement). The abatement reduces property taxes between 17.5...more
2/12/2020
/ Condominium Associations ,
Condominiums ,
Governor Vetoes ,
Legislative Agendas ,
Prevailing Wages ,
Property Owners ,
Real Estate Market ,
Regulatory Agenda ,
Shareholders ,
State and Local Government ,
Tax Abatement ,
Tax Liability ,
Tax Planning ,
Wage and Hour
If your condo or coop utilizes CSC ServiceWorks, Inc. (CSC) for laundry services, your condo or coop may be able to benefit from a class action settlement if you act now. A class action suit against laundry machine services...more