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Guzov, LLC

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  • Home
  • About
  • Team
    • Debra J. Guzov
    • David J. Kaplan
    • Anne W. Salisbury
    • Philip M. Smith
    • Jay Weil
    • Silvia L. Bolatti
    • Donna G. Recant
  • Practice Areas
    • Commercial Litigation
    • Condominium & Cooperative Representation
    • Corporate Transactions & Securities
    • Guzov Solutions
    • Intellectual Property
    • Labor & Employment Law
  • Your GC™
  • News & Insights
  • Case Studies
  • Contact

Privacy Limitations in Co-ops and Condos

by Debra Guzov | Real Estate Legality, Real Property

Are there limits on privacy for residents living in co-ops and condos? Yes. Living in a co-op or condo requires residents to make compromises for the interest of the building. In case of an emergency, repair or inspection, the board and building staff are permitted to...

Grading New York’s Co-ops and Condos on Energy Efficiency

by Debra Guzov | Real Estate Developments, Real Estate Legality, Real Property

On December 12, 2015, 197 nations, party to the United Nations Framework Convention on Climate Change, entered into the Paris Agreement in an effort to reduce climate change emissions, maintain the global temperature, and increase green energy sources. After coming...
Subletting Your Co-op

Subletting Your Co-op

by Debra Guzov | Guzov's Good Advice, Real Estate Legality, Real Property

New Yorkers frequently question whether they are allowed to sublet their apartment, for reasons ranging from financial hardship to overseas assignments. The answer depends on whether you are a co-op shareholder or condo unit owner. Condo residents have more freedom to...
The Limits of the Business Judgment Rule

The Limits of the Business Judgment Rule

by Debra Guzov | Guzov's Good Advice, Real Estate Legality

The business judgment rule, adopted from commercial law, permits co-op and condo boards to make decisions without the fear of judicial inquiry. In the 1990 case Levandusky v. One Fifth Ave. Corp. the court held “[i]t is well settled that the business judgment rule...

Reverse Mortgages for Co-ops

by Debra Guzov | Guzov's Good Advice, Real Estate Legality

  In New York, about 75% of residential buildings are cooperatives. From 2000 to 2010, the Department of Aging has recorded that there has been a 12.4% increase of the 60-plus population, which will grow to 35.3% by 2030. Many of these individuals aged 62 and...
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ABOUT GUZOV, LLC

Guzov, LLC is a full-service law firm with a culture of collaboration and innovation to better serve our clients. Located in the heart of Midtown Manhattan, with affiliations with firms nationwide and around the world, we serve clients in both the private and public sectors, including Fortune 500 companies across a broad scope of industries. We strive to provide efficient, superior outside counsel to our clients and offer expertise in an extensive range of legal services with core specializations in business litigation, cooperative and condominium representation, corporate and securities, real estate, and intellectual property.

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