The Board Room

… has helped fuel rising condo prices but many New York City condo boards are waking up to the fact that a bumpercrop … occurs when at least 2025 of units belong to owners who rent out their apartments when theyre not using them which … 20 or more of the general population buildings start take on a rental feel in terms of a more transient …

… As a lawyer representing coop boards for nearly two decades Ive spent a fair amount of time explaining what not to ask buyers at a coop board interview  in order to avoid …

… coops condo owners enjoy a relatively unrestricted right to rent out the apartment should the need or desire strike  But … freedom turns out to be a painful Achilles heel … No authority and little accountability … Unlike coops condos lack the … the condo owner is not likely to be highly motivated to take any steps that would result in their loss of rental …