Large or small, wealthy or humble, condo, HOA, or co-op, all multifamily communities must keep up-to-date records—of finances, meeting minutes, and rules and regulations, to name a key few. In some cases, it’s even required by law. That’s …
Category: Management
While residents of condos, co-ops, and HOAs do their part to prevent the spread of COVID-19 by staying in their homes as much as they can, they rely on the supers, porters, valets, doorpeople, janitorial workers, handymen and -women, securi…
Editor’s Note: During this crisis, The Cooperator family of publications will be passing along information, tips, and FAQs submitted by our network of industry professionals, including attorneys, managers, and other subject matter experts. …
New York Governor Andrew Cuomo announced over the April 18-19 weekend that new cases and hospitalizations for coronavirus infections appear to be slowing somewhat in the Empire State, which has so far borne the brunt of the pandemic in the …
The COVID-19 pandemic has brought unique and challenging situations to each of us. Our cooperative and condominium clients, and their managing agents, have been working diligently to keep pace as this crisis unfolds. First and foremost, we …
As you can imagine, our office has been inundated with calls and emails concerning proper protocol should a resident or a tenant in a building either contract or be exposed to someone who has tested positive for the coronavirus. This raises…
Planning for a rainy day is pretty easy. Have an extra umbrella handy or a waterproof coat, and you’re probably fine. Planning for the rainiest day ever, on the other hand, is significantly more daunting. Especially if during that day there…
Multifamily residential buildings provide both privacy and community. Privacy, because a recluse in New York City can have almost anything delivered to his door and thus never have to leave the sanctuary of his apartment; and community, bec…
As cases of the new coronavirus increase here in the US, the crisis has led to a number of questions from condominium boards to the effect of: What should we do to protect the condominium and its members? What is our responsibility for the…
It is essential that a community association keep thorough records of its financials, rules and regulations, meeting minutes, and so on. Not solely because the law often requires it—although following the law is certainly advisable—but also…