You can watch this informative and exciting event at this link!
Enjoy!
A shareholder in your co-op has recently become disabled and your building’s entrance is not fully accessible. Is the co-op responsible for modifying the entrance so it accommodates the disabled resident? Accommodations required by Title III of the American...
The New York State Department of Taxation recently issued a Letter Ruling--an official document that provides guidance on how certain tax laws are to be interpreted and applied-- stating that licenses for parking and storage spaces are now classified as interests in...
Buying an apartment through a Limited Liability Company or LLC may be a way to limit personal liability or protect assets, but it may not be a viable option. Even if it is, it might not be worth the trouble. In the first instance, the purchase of a cooperative...
When it comes to allowing adult children to live in a co-op without the shareholder, a host of questions come into play, including the co-op’s rules about subletting and the terms of the proprietary lease. In a prior post about subletting a co-op, we explained that...
New York City residents know that there are pros and cons to living in a co-op versus a condominium. One area of contrast is in estate planning, or the transfer of property to a beneficiary upon the resident’s death. Condo owners obtain the rights to the real property...