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  • By: Qing Angie Lin
  • Published: September 14, 2020

New York condominiums are statutorily governed by the Condominium Act, which was enacted in 1964. When the Condominium Act was originally enacted, Condominium boards were not specifically authorized to obtain loans on behalf of the condominium from financial institutions. As a result, when condominiums were in need of capital repairs, replacements and improvements, board members had limited options and relied…Read More

  • By: Jared Steiner
  • Published: June 5, 2020

As counties in New York have completed Phase I and entered Phase II of reopening and as New York City prepares for Phase I (currently scheduled for June 8, 2020), clients have inquired about the protocol and procedures for resuming non-essential construction. Specifically, boards are curious about how to manage construction commencing in their buildings and within individual units while…Read More

  • By: Jared Steiner
  • Published: May 29, 2020

In the past week, new legislation has been passed in New York City enacting additional limitations, and courts have provided some guidance, and further limits on the steps building owners can take to collect unpaid rent while Governor Cuomo’s executive orders are in effect. Unfortunately, there are still many questions that have not been answered. 1. New NYC Law Affects…Read More

  • By: Stephen M. Lasser
  • Published: May 13, 2020

Late last week, Governor Cuomo issued Executive Order (“EO”) 202.28 in furtherance of his press conference held on May 7, 2020.  EO 202.28 clarified some of the statements from the Governor’s press conference and added a few wrinkles, which are not favorable to landlords.  Here is a list of the key provisions: Nonpayment Cases. No new nonpayment cases, residential or…Read More

  • By: Jared Steiner
  • Published: May 8, 2020

In light of the financial difficulties attributable to the COVID-19 pandemic, commercial tenants are increasingly defaulting on their rent payments. Landlords are limited in their options for recovering these payments due to the executive order prohibiting non-essential services, which has prevented service of rent demand notices and prevented courts from accepting new filings of nonpayment petitions. Given the unknown duration…Read More

  • By: Stephen M. Lasser
  • Published: April 8, 2020

At the time of this writing, the residents of New York are basically quarantined to their homes due to COVID-19. This has resulted in co-op, condo and HOA boards meeting via video and telephone conference calls and relying more heavily upon email. Although it is great that technology has allowed boards to continue to function without meeting in person, boards…Read More

  • By: Michael Kayam
  • Published: April 8, 2020

Even prior to the COVID-19 pandemic, a common issue facing cooperative corporations and condominiums is low attendance at annual owner meetings, which makes it difficult to elect a new board or for the existing board to take actions that require owner approval. This issue has become more difficult to address due to COVID-19. Some of our clients have been inquiring…Read More

  • By: Stephen M. Lasser
  • Published: March 19, 2020

[printfriendly] There have been some recent legislative amendments, which seem well intentioned and positive.  Effective December 17, 2019, the amount that can be recovered in New York City small claims court cases was increased from $5,000.00 to $10,000.00.  This can be viewed as a positive development for landlords (including co-ops) and condominium boards. Due to the Housing Stability and Tenant…Read More

  • By: Jared Steiner
  • Published: February 12, 2020

Beware of Uninsured Labor Law Claims By: Jared M. Steiner, Esq. of Lasser Law Group, PLLC Landlords and developers in New York are subject to strict liability for claims stemming from falls and injuries on their construction sites and, as a result, they are required to pay hefty insurance premiums to protect against these claims. Specifically, New York Labor Law…Read More

  • By: Michael Kayam
  • Published: February 12, 2020

YELLOWSTONE INJUNCTION IS BACK! By: Michael M. Kayam, Esq., of Lasser Law Group, PLLC Since 1968 the Yellowstone injunction has been a form of legal relief used in New York by commercial tenants who have been served with a notice to cure by their landlord to obtain an extension from a court to cure the default and prevent the landlord…Read More

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