Articles

Co-op & Condo Articles

Keep up with the latest news on trending issues affecting co-op and condo board members and managing agents by reading these articles and Q&As by our experienced team of attorneys.

Feb. 6, 2026
New York City Cooperatives Face New Timelines for Reviewing Purchase Applications
Effective July 28, 2026, cooperatives face new requirements governing the way in which they process applications to purchase apartments.

January 2026
Condo Collections Face New Hurdles with Amended Condominium Act
The financial stability of any co-op or condominium depends on one simple premise: residents must pay their maintenance and common charges on time.

Dec. 29, 2025
Offering Plans: Relevance After Sell-Out
In the world of condominiums and co-ops, the offering plan is a familiar fixture, but is there a shift underway toward a lesser emphasis on these plans?

Feb. 10, 2025
Q&A: How to Recover Unpaid Dues from a Condo Sponsor
Q&A with Habitat Magazine on options for recovering unpaid dues after a sponsor failed to pay the dues for unsold units.

Jan. 6, 2025
The New York City Fair Chance for Housing Act: What You Need to Know
The Act requires all cooperatives and condominiums to adjust their criminal background check procedures.

Dec. 13, 2024
FinCEN Offers Guidance on Impact of Nationwide CTA Injunction
In a case claiming that the CTA is invalid, a federal District Court in Texas issued an order granting a nationwide preliminary injunction that stops enforcement of CTA while the case is litigated.

December 2024
Q&A: Contesting an Election
Q&A with CooperatorNews New York on methods of contesting a board election.

Nov. 22, 2024
Memo to Co-op and Condo Boards: Two Important Laws Take Effect on Jan. 1, 2025
A New York City law, the Fair Chance for Housing Act, impacts the use of criminal background checks of potential purchasers, a very common practice. The federal Corporate Transparency Act applies to disclosure of information about business entities.

Sept. 20, 2024
What Co-op and Condo Boards Need to Know About the Corporate Transparency Act
As the year-end deadline for compliance with the Corporate Transparency Act approaches, boards of cooperatives, condominiums and Homeowners Associations should be aware of the requirements that may affect them.