Real Estate Legality

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Alternative Dispute Resolution for Co-ops and Condos

Alternative Dispute Resolution for Co-ops and Condos

Since litigation is not only costly, but time consuming and at times unpredictable, co-op and condo boards should first examine other methods to settle disputes. Alternative Dispute Resolution (ADR) refers to other avenues to settling conflicts without commencing a...

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Roof Decks in the City

Roof Decks in the City

The most sought after amenity in New York in the summer is a roof deck. Although most buildings provide access to the roof, roof decks create a relaxing, private environment with great views. Not only is it a great amenity for co-op and condo residents, but it...

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The Business Corporation Law: How It Applies to Co-ops

The New York Business Corporation Law (BCL) is made up of twenty Articles regulating the operation and function of corporations, such as their formation, the rights of shareholders, voting, the duties of directors and officers, mergers and dissolutions. The BCL...

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Who Sits on Your Co-op’s Board of Directors?

Do co-op shareholders have a right to know who sits on the board of directors? Pursuant to the New York Business Corporation Law (BCL) § 624 and New York common law, the answer is yes. Shareholders have a right to the books and records of the corporation, which will...

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An End to Frivolous ADA Lawsuits?

An End to Frivolous ADA Lawsuits?

Congress passed the Americans with Disabilities Act (ADA) in 1990 to prohibit discrimination against people with disabilities in multiple areas such as public accommodations, employment, transportation, and state and local government. Title III regulates businesses...

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Condo and Co-op House Rules

Condo and Co-op House Rules

Co-ops and condos are directed by their governing documents: the by-laws, house rules, and for co-ops the proprietary lease. The by-laws and house rules are created by the corporation that shareholders, unit owners and residences are bound to, and essentially...

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