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...
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,...
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...
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...
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...
Refi Prime Time - Low Rates Come With Closer ScrutinyView
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...
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,...
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...
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