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The How-To’s of Condo Evictions

Evicting a tenant from a rental property is normally a straightforward process in the world of landlord-tenant law, but the when a condominium owner is delinquent in the payment of common charges, things get a bit more complicated. The first step is for the Board of...

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Perk Up with new Real Estate Incentives

Perk Up with new Real Estate Incentives

Ask any real estate agent, the art of the property sale is a veritable wild west of negotiations. When better than the millennial-driven 2019 to give some truly inspired perks to making a deal. In today’s market, luxury properties usually come with their own unique...

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Understanding the (Audited) Financial Statement

Understanding the (Audited) Financial Statement

As an owner of a cooperative or condominium, receiving your building’s financials may lead to confusion about how money is being allocated. If you are on the Board of your co-op or condo, you may actually be tasked with explaining the content of the financial...

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Much Ado About Elevator Safety in 2020

Much Ado About Elevator Safety in 2020

All building owners with elevators take note: the Department of Buildings issued a 2016 safety mandate regarding the security of automatic elevators, specifically requiring a computerized system to maintain and monitor doors in the event of a failure in their contact...

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Secondary Reserve Funds:  Preparing for Unforeseen Costs

Sitting on the Board of a cooperative or condominium is a big responsibility, maintaining property is costly, and managing the expectations of shareholders and owners is exhausting. Adding to the responsibility are unforeseen improvements and repairs. This is where...

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Debra Guzov Quoted in The Real Deal

As the luxury market continues to get flooded with new development, so do the cases involved with faulty construction. Under today’s law in New York City, buildings that are 5 stories or less usually get longer warranties and protections than larger buildings. The...

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