13
Oct
CTA Game, Set, Match? A great start to the week! The Corporate Transparency Act (CTA) has played out like an exhausting tennis match—rallies, pauses, reinstatements, and more pauses—only for what now appears to be the final set. In a stunning turn of events, after las...
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Oct
This holiday season, instead of a gift, community associations have received a lump of coal: the reinstatement of the Corporate Transparency Act (CTA) filing requirements and the requirement to file Beneficial Ownership Information (BOI) with FinCEN. A recent decision by the U. S...
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Oct
When Steve Martin’s hit comedy series about life inside an Upper West Side co-op, Only Murders in the Building, runs its course, here’s fodder for a possible follow-up: a tragedy about life inside an Upper East Side condominium. A fitting title would be Only Lawsuits in the Build...
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Oct
The New York State legislature has delivered some good news for New York Homeowners Association (“HOA”) Boards. Most New York Homeowners Associations are governed by the Not For Profit Corporation Law (“NPCL”). As a result, in the event of a conflict between an HOA’s By-Laws and...
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Oct
As we leave 2022 and enter 2023, there are some important developments that Boards and managing agents need to be aware of. Electric Vehicle Rights Act On November 22, 2022, Governor Hochul signed a new State law, titled the “Electric Vehicle Rights Act,” which adds a new articl...
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Oct
Sharyn Briller had just sat down to eat a sandwich for lunch on a hot July day when she got a knock at the door. It was a neighbor in the Port Jefferson Station condominium development where she has lived for more than 20 years. He said her home was on fire as were the three othe...
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Oct
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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Oct
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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Oct
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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Oct
