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  • By: Stephen M. Lasser
  • Published: May 3, 2019

The Cooperator Expo New York, April 11, 2019, Seminar Part 1 of 2 https://youtu.be/NGH6A9zn5nc The Cooperator Expo New York, April 11, 2019, Seminar Part 2 of 2 https://youtu.be/M6KwY2iOCRYRead More

  • By: Stephen Lasser
  • Published: April 10, 2019

Pursuant to the statute New York Real Property Law § 235-b enacted in 1975, every residential lease contains an implied warranty of habitability (“WOH”).  This statutory WOH guaranties residential tenants that there will not be conditions in their apartments which are dangerous, hazardous or detrimental to their life, health or safety. Over time, New York courts started awarding rent abatements…Read More

  • By: Stephen Lasser, New York Real Estate Journal
  • Published: April 10, 2019

As you may have read in our 2016 and 2018 articles, it has been illegal in New York since 2010 to rent an apartment in a multiple dwelling for less than 30 days pursuant to § 4 of the NY Multiple Dwelling Law. Notwithstanding this law, illegal short-term rentals in New York flourished resulting in a new law being enacted…Read More

  • By: Michael Kayam, The New York Cooperator
  • Published: December 6, 2018

Q: The president of our board holds two positions, and his wife holds another. Their friend holds the last position. We had an election yesterday, and two new residents gave speeches running for positions on the board — one for the president's seat, the other for a regular member position; they lost. The president told us about the three positions…Read More

  • By: Stephen Lasser, New York Real Estate Journal
  • Published: November 20, 2018

Every commercial and residential lease should contain at least one conditional limitation. A conditional limitation is a lease provision that provides for the automatic termination of the lease upon a tenant’s failure to cure a default. In New York, most leases have separate and different conditional limitation provisions for non-monetary and monetary lease defaults, although frequently in both commercial and…Read More

  • By: Michael Kayam, Article
  • Published: August 10, 2018

In New York, the Yellowstone injunction is a form of legal relief used 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 from terminating the lease until the dispute is settled or determined by the court. The Yellowstone injunction…Read More

  • By: Dominique Miller & Stephen M. Lasser, Esq. Article
  • Published: August 10, 2018

Since 2010, renting out apartments in multiple dwelling for a term less than 30 days has been illegal in New York State under § 4 of the New York Multiple Dwelling Law (the “N.Y. Mult. Dwell. Law”). As discussed in our December 20, 2016 post “Airbnb Settles with New York State: New Developments in Short-Term, Rental Law,” in 2016, Airbnb…Read More

  • By: Gaetano Bizzoco, Article
  • Published: August 10, 2018

In order to discourage smoking throughout New York City, on August 28, 2017 the New York City Council passed Chapter 5 of the New York City Health Code, the Smoke Free Air Act. The legislation includes NYC Administrative Code 17-506.1 which requires all class A multiple dwelling buildings, including cooperatives and condominiums, to create and distribute a building-wide smoking policy…Read More

  • By: Stephen M. Lasser, Article
  • Published: June 26, 2018

An issue that commercial landlords frequently have to address is tenants falling behind in their rent payments and then filing for bankruptcy protection. Once a tenant declares bankruptcy, an “automatic stay” goes into effect, which makes it illegal for the landlord to pursue eviction and collection efforts against the tenant except through the channels available through the tenant’s bankruptcy court…Read More

  • By: The Real Deal, Quoted "Stephen Lasser"
  • Published: May 1, 2018

New high-end NYC condos are seeing an uptick in construction defects — from warped floors to fireproofing problems — and another wave of complaints could be coming Not long after closing on a $28.5 million pad at 56 Leonard last spring, the new owner had a problem. More than one, actually. The master bathroom allegedly had poor caulking, the deadbolts…Read More

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