10

Jul

Reminder: New NYC Co-op Purchase Application Law Takes Effect July 28, 2026

Earlier this year, we notified you that the New York City Council enacted Local Law 58 of 2026 (formerly Introduction No. 1120-B), establishing new requirements for New York City cooperative corporations when reviewing purchase applications. With the law now set to take eff...

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01

Jul

condo

Recent Bill Aims to Calm Ground Lease Panic

In a recent article examining New York’s proposed ground lease reform bill, attorney Marc Schneider, Managing Partner of Schneider Buchel LLP, discusses the growing challenges faced by cooperative buildings on leased land. Schneider explains how expiring ground leases can threate...

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08

Jun

city skyline

Schneider Buchel Secures Attorney's Fees Award Following Default

Default Established. Fees Awarded. Cooperative Protected. Schneider Buchel LLP represented a cooperative corporation in connection with a holdover preceding arising from the respondent's failure to comply with the terms of the proprietary lease. The matter involved unauthor...

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Category: Newsletter


05

Jun

Skyline of Long Island, New York

New NYC Pied-à-Terre Tax: What Co-op and Condominium Boards Need to Know

As part of New York State's recently enacted budget legislation, New York City has been authorized to impose a new annual surcharge on certain high-value residential units and homes that are not used as a primary residence. Commonly referred to as the "pied-à-terre tax," t...

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12

May

Schneider Buchel Stops the "Leak" in Litigation 

Summary Judgement Secured. Attorneys' Fees Awarded. Cooperative Protected. Schneider Buchel LLP represented a Manhattan cooperative corporation in connection with claims brought by shareholders alleging breach of lease and breach of the warranty of habitability arising from alleg...

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20

Mar

Federal Housing Finance Agency Article Title

New Fannie Mae & Freddie Mac Rules Raise the Bar for Condo Reserves

Fannie Mae and Freddie Mac have announced important changes to condominium project review standards that condo boards and community associations should be watching closely assuming they want their purchasers and home owners to be able to obtain agency-backed financing. Most notab...

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04

Mar

Schneider Buchel Puts Out the “Fire”

A Complete Dismissal Secured. Default Judgment Granted. Communities Protected. Schneider Buchel LLP represents a community association where there was a major fire that destroyed homes and displaced residents for a significant period of time. Schneider Buchel helped the Con...

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Category: Newsletter


12

Feb

NYC Co-op Boards: New Law Establishes Mandatory Timelines for Sale Applications

The New York City Council has overridden the Mayor's veto of Introduction No. 1120-B. The bill will therefore become law and will amend the NYC cooperative corporations reviewing applications to sell cooperative apartments. Under the new law, co-op's will be required to: ...

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16

Dec

Man using laptop with AI concept

2025 NY Fall Expo Seminar: Smart Tech, Serious Risks - the Legal Implications of AI Use for Boards

2025 NY Fall Expo Seminar: Smart Tech, Serious Risks - the Legal Implications of AI Use for Boards Marc H. Schneider, Esq. presented at the Cooperator Expo in New York, discussingthe practical applications of AI in carrying out board business. Watch the full presentation here...

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02

Dec

Oyster Bay Denies Special Use Permit for Cotillion in Jericho over Noise Issues

Attorneys Marc Schneider and Sloan Zarkin helped represent opposing sides in the case over The Cotillion's special-use permit. Read the full article here...

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Now Serving Westchester Clients from Our New White Plains Office

Schneider Buchel is proud to announce our new office in White Plains, NY, expanding our ability to serve clients throughout Westchester.

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