News & Analysis as of

Condominiums Shareholders

Woods Rogers

Shining a Light on Executive Session

Woods Rogers on

Let the sunshine in. I am not talking about the popular 1969 song by The 5th Dimension. I am referring to the statutes governing Virginia community associations that require all meetings of a board of directors, including...more

Farrell Fritz, P.C.

Appellate Rulings Endorse Courts’ Broad Remedial Powers Over Condo and Co-op Board Elections

Farrell Fritz, P.C. on

Serving dual roles as urban homestead and non-profit business operation, residential condominiums and co-ops occupy a special niche in the arena of dispute resolution among co-owners of joint enterprises....more

Cozen O'Connor

Cooperative and Condominium Tax Abatement Safe from Prevailing Wage Requirement

Cozen O'Connor on

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

Cozen O'Connor

Impact of New York’s Housing Stability and Tenant Protection Act of 2019 on Condo and Coop Boards

Cozen O'Connor on

New York’s Housing Stability and Tenant Protection Act of 2019 (the Act) was signed into law on June 14, 2019, leaving condo and coop boards with grave concerns — if not outright panic — about how it impacts their day-to-day...more

Holland & Knight LLP

New Tenant Protection Law Affects Conversions of Rental Buildings in New York - Law Also Impacts Proprietary Leases, Subleases and...

Holland & Knight LLP on

• New York's Housing Stability and Tenant Protection Act of 2019, which was enacted and became effective on June 14, 2019, will have a sizable impact on a landlord's ability to convert buildings to cooperatives and...more

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