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New Tenant Protection Law Forgot About Co-op Owners

In June 2019 the Governor Cuomo signed the Housing Stability and Tenant Protection Law. Its stated purpose is to address certain abuses in the rental market, but we believe that the law will potentially, perhaps unintentionally, harm many tenant shareholders. The new and increased costs, and new prohibitions suggested by the new legislation may ultimately make their apartments unaffordable. Read more here.

Recent Posts

NYC Gyms Re-open September 2d September 2, 2020
Co-ops Must Do Their Part for the Census! August 29, 2020
The Scaffold Law and Building Insurance August 22, 2020
Co-ops May Want to Consider Refinancing Right Now July 31, 2020
Co-ops & Condos Have Responsibility with Regard to their Employees July 14, 2020
Virtual Shareholder Meetings July 13, 2020
NY Co-ops Might Still Be Able to Collect Legal Fees July 5, 2020
COVID-19 Phase Two Re-opening Guidelines June 23, 2020
Co-ops Supported in Washington June 3, 2020
Elected Officials in D. C. Advocate for Co-ops May 30, 2020
COVID-19 and New Building Protocols for Co-ops & Condos May 21, 2020
Virtual Annual Meetings during COVID-19 May 15, 2020
Buying & Selling Co-ops and Condos during COVID-19 May 10, 2020
‘Tis the (COVID-19) Season for Annual Elections May 7, 2020
PPP Update April 23, 2020
COVID-19 Update for Co-ops & Condos as Employers April 16, 2020
New OSHA requirements on COVID-19 cases April 16, 2020
Federal Families First Coronavirus Response Act April 5, 2020
NYC Provides Relief for Certain Small Businesses Adversely Affected by COVID-19 April 1, 2020
Coronavirus Aid, Relief and Economic Security Act (The CARES Act) March 30, 2020
COVID-19 Bronx Realty Advisory Board Agreement with SEIU 32BJ March 29, 2020
Coronavirus in the Workplace — What Co-op & Condo Boards Need to Know March 11, 2020
The S.H.I.E.L.D. law March 2, 2020
Who Is In Charge of Your Building’s Money? February 25, 2020
New Facade Inspection Rules Take Effect February 21, 2020
NYC Property Tax Reform February 9, 2020
Local Law 11 Changes Will Affect Co-ops and Condos December 25, 2019
Albany Still Not Listening December 9, 2019
Reducing Greenhouse Emissions in Your NYC Co-op or Condo October 3, 2019
New Tenant Protection Law Forgot About Co-op Owners September 15, 2019
Does the Warranty of Habitability extend to common areas? September 9, 2019
Home Owner Insurance August 21, 2019
New Tenant Protections Likely to Be Felt in Co-ops and Condos July 16, 2019
Changes in S.T.A.R. June 22, 2019
Hiring Military Service Veterans May 27, 2019
Maintaining Adequate Reserve Funds May 23, 2019
2019 Contract Agreement with Local 32BJ March 14, 2019
Board Decisions Are Protected Under the Provisions of the Business Judgment Rule (or are they?) March 2, 2019
Negotiations with Local 32BJ Continue February 28, 2019
New York State Mandates Parking Garage Assessments February 7, 2019
Trust Transfers for Shareholders in Co-ops November 26, 2018
Local Law 84 Deadline Approaches November 23, 2018
To Hire or Not to Hire (building staff, after hours, that is) November 9, 2018
Local Law 33 October 12, 2018
The Question of Smoking in Co-ops and Condos September 13, 2018
The Question of Dogs in Co-ops and Condos August 23, 2018
The Question of Bedbugs in Co-ops and Condos July 30, 2018
Local Law 154 Informs Residents July 23, 2018
Co-ops and Co-op Boards Again Under Attack in Council April 30, 2018
Maintaining Your Building’s “Bella Figura” April 21, 2018
32BJ Contract Agreement for Manhattan, Queens, Brooklyn & Staten Island April 15, 2018
Legislators (Again) Seek to Govern Actions of Boards of Directors March 27, 2018
Human Rights Commission Opposes Proposed Regulation of Co-ops, too! December 14, 2017
More Regulation: Gas Lines Must be Inspected December 9, 2017
New Law Relating to Conflicts of Interest in Co-ops and Condos October 24, 2017
New Heating Regulations September 13, 2017
Service Dog Scams Abound August 30, 2017
Co-op Boards Must Establish Smoking Policies August 13, 2017
Sidewalk Shed System is “Broken!” May 24, 2017
Co-ops Push Back Against Bills to Speed Application Process March 3, 2017
Newly Proposed Legislation Strikes At Autonomy of Co-op Boards February 13, 2017
New Rules for Balcony Enclosures November 16, 2016
Business in Your Co-op or Condo? Probably NOT! October 24, 2016
Co-op Shareholders Deserve Reverse Mortgages, If They Want Them! September 25, 2016
New Property Tax Classification for Co-ops and Condos Needed September 25, 2016
Bill to Restrict Autonomy of Boards September 25, 2016
North Riverdale Smart Growth Plan September 25, 2016
Directors’ Ethics August 6, 2016
Duties of Co-op / Condo Boards August 6, 2016
In response to ARC requests, Congressman Engel petitions HUD for Reverse Mortgages for co-ops July 6, 2016
Senator Jeffrey Klein Introduces Legislation to make Reverse Mortgages Available to Co-op Owners May 21, 2016
Co-op Residents Deserve Reverse Mortgages, Too! May 12, 2016
Proposed Changes in the Neighborhood April 7, 2016
Problematic and Disruptive Neighbors March 10, 2016
Fraudulent Service Animals March 10, 2016
Senators Introduce New Co-op / Condo Property Tax Bill December 22, 2015
Riverdale: Home to Many Notable New Yorkers December 1, 2015
Responsibilities of Directors December 1, 2015
How is Your Building’s Property Tax Calculated? May 8, 2015
ARC Urges State Legislators to Renew Tax Abatement May 7, 2015
2015 Contract Settlement with Local 32BJ March 13, 2015
Choosing Between a Co-op and a Condo December 2, 2014
Sprinkler Disclosure Law Goes into Effect 12/3/14 December 2, 2014
ARC Members to Meet Elected Representatives November 26, 2014
Thinking of Buying A Co-op? November 19, 2014
Hiring a New Building Manager? November 19, 2014
Negotiating Management Contracts November 19, 2014
32BJ Contract to Expire in March 2015 October 8, 2014
Bad Officials are Elected by Good Citizens Who Don’t Vote August 14, 2014
Estate Planning March 24, 2014
FEMA Policy to Assist Co-ops and Condos February 8, 2014
Co-op and Condo Property Tax Guide February 8, 2014
Property Tax Abatement – February 2014 February 8, 2014
Con Edison to Bring Gas Lines to Riverdale November 20, 2013
Hudson River Valley Greenway November 7, 2013
Community Board to Consider Property Development November 4, 2013
Bogus Therapy Dogs October 26, 2013
The Mayor’s Carbon Challenge October 10, 2013
Register Now for S.T.A.R. October 1, 2013
City Council Primary, September 10, 2013 September 22, 2013

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