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Co-ops
A shareholder in our co-op hasn’t paid maintenance in over a year. What can we do?
… the community says Steven Wagner a Manhattan real estate attorney who represents coop and condo boards and owners … has reserve funds but those funds should not be used to pay the dues of defaulting shareholders Wagner says Even … … If your board is receiving promises of payment that arent being honored the next step is to send a formal rent …
Can a NYC apartment building ban signs or flags in windows?
… recent elections Black Lives Matter flags and even Cancel Rent banners Can there be consequences if you hang flags or … your apartment window For example Can your building ask you to take it down It really depends on what the message is … For example in 2018 a Manhattan judge ruled that a Midtown condo resident had to take down an American flag …
Is now the right time to sell in NYC? Brokers sound off on six scenarios
… Should you jump into the booming New York City sales market now or wait until … get even hotter Selling conditions now are optimal thanks to high demand low inventory low mortgage rates and rising … need to tap equity in their place for another purchase and arent in a position to time the market But if you have the …
What can I do about noise and vibrations from recycling machinery in my building?
… is a violation of the warranty of habitability and you can compel the board to do something about it our experts say … pay maintenance by a certain date they can auction your home In both these cases you could respond by filing an … be able to have legal fees covered The language of the coops proprietary lease may include that you can recover your …