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  • By: Michael Kayam
  • Published: November 10, 2020

The main differences between condominiums and cooperatives are their ownership structures and their governing documents, which contain the policies and rules for living in these communities. Condominium governing documents provide condominium unit owners a more flexible form of ownership regarding sales and leasing, whereas cooperative governing documents are typically more restrictive and have a more detailed sales and leasing application…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: 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: 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: Michael Kayam, Article
  • Published: January 30, 2018

A new New York State law was recently enacted, effective January 1, 2018, which requires board members involved in interested transactions to provide disclosure of these transactions to the owners in their associations. The new law adds a new Section 727 to the New York Business Corporation Law (the “BCL”) and a new Section 519-a to the New York Not-for…Read More

  • By: Stephen Lasser, The New York Cooperator
  • Published: March 24, 2017

Q: I was recently made aware that a sex offender moved into my building. He moved into his girlfriend’s apartment. I made the board aware of this—even gave them a printout from criminal justice. We have a lot of children living in our community. Does the board have a legal obligation to advise the shareholders that a sex offender lives…Read More

  • By: Stephen Lasser, Article
  • Published: December 20, 2016

Airbnb is a global technology company with huge revenues that facilitates apartment rentals by owners and tenants to third parties, often tourists, on a short-term basis.  Airbnb reached a settlement with New York State earlier this month, which dropped the lawsuit Airbnb brought challenging a new law that went into effect in October 2016, which would have levied fines from…Read More

  • By: The New York Times, Quoted "Stephen Lasser"
  • Published: April 9, 2016

Applying to live in a co-op is a daunting experience. You bare your financial soul, pay enormous fees and endure a prying interview. After you subject yourself to such scrutiny, a fickle board can reject you for no reason at all. But to charge a rejected applicant a move-in fee for a move that never transpired seems particularly cruel. The…Read More

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