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 the NPCL, the provisions of the...
Category: Firm News
Electric Vehicle Rights Act, NYC Criminal Background Check Law and E-Bike Concerns
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...
Marc Schneider quoted in Newsday on Issue with Community Association Fire Rebuilds and Protections
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...
Cuomo Amends NY HERO Act
On June 11, 2021, Governor Cuomo signed into law several amendments to the New York HERO Act; a law whose main purpose is to ensure that employers have a plan in place to protect their employees in the event of another pandemic, or the emergence of another dangerous infectious agent.
Marc H. Schneider quoted in The Real Deal regarding laws that inadvertently affect Co-ops
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 limited the fees and deposits co-op boards can...
Do Co-op and Condo Boards Have to Play COVID Cop?
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 COVID-related house rules? And What are a board’s...
Some Co-ops Eligible for PPP Loans by Marc Schneider
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.
First, the window for...
Schneider in the news – represents Condo against neighboring catering facility that is operating without the proper permit and making too much noise
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...
Refi Prime Time
Refi Prime Time - Low Rates Come With Closer ScrutinyView
Marc Schneider quoted in the Habitat – “Bricks & Bucks – Building Projects in NYC Co-ops/Condos
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-home order. “Rates spiked up to points where it wouldn’t have made sense to go through with...