19
Aug
Two years after overhauling the state’s rent law, lawmakers made a key correction. The Senate and Assembly this month passed a bill that frees co-ops from the Housing Stability and Tenant Protection Act. The 2019 law, which regulates rent-stabilized apartments, inadvertently limi...
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19
Aug
By: Marc Schneider and Justin Buchel in COVID-19 on March 16, 2021 Laying down the law. As the coronavirus pandemic passes the one-year mark, co-op and condo boards are facing a pair of challenging questions: How far must a board go to enforce state and local laws and its own COV...
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19
Aug
You may have heard that co-ops can now obtain loans under the federal government’s Paycheck Protection Program (PPP) as a result of their being included in the new Stimulus Bill. The rules governing the inclusion have finally been released by the US Small Business Administration...
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19
Aug
A Jericho banquet hall faces noise complaints as it tries to get a special-use permit to operate as a catering facility. For more than 60 years, the Cotillion at 440 Jericho Tpke. has operated as a banquet hall, but when the owner went to renew its public assembly license in 2016...
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19
Aug
Refi Prime Time – Low Rates Come With Closer ScrutinyView...
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19
Aug
Prior to the pandemic shutdown last March, Donald Einsidler, president of Einsidler Management, was busy helping five different co-ops navigate the refinancing of their underlying mortgages at interest rates just above the tantalizing number of 3%. Then came the state’s stay-at-h...
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19
Aug
If you own where you live — whether it’s a suburban tract house, a farmhouse on 40 acres in Maine, or a studio apartment in a New York City co-op — your home is your castle. While there’s no moat around your home like in the Middle Ages, encroachment can happen, and that can lead...
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19
Aug
The confusing signals keep coming. The latest confusion surrounds the Business Safety Plan, a document businesses must prepare as the state moves through its phased reopening, outlining steps the business will take to prevent the spread of COVID-19. Some attorneys are advising co...
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19
Aug
Directors and Officers Insurance - Must-Have or Luxury? View...
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19
Aug
Legal and Legislative Update 2019View...
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