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New York Condo & HOA News Archive

/ Owner - July 1, 2012
  • Mamaroneck condo owners sue to stop rental surcharge (NY) July 17, 2024
    Owners of several apartments in the Continental View Condominium in Mamaroneck have sued the condo board for imposing a $1,800 annual fee on owners who rent their apartments.  Eleven owners of eight apartments accused the board of exceeding its authority by enacting a new house rule without obtaining approval by two-thirds of the owners, in a complaint filed on July 9 in Westchester Supreme Court   Read the article…………………………….
  • DOB Offering Free, No-Violation Building Inspections for Co-ops and Condos (NY) July 16, 2024
    Time is running out. Co-op and condo boards have until July 31 to sign up for the Department of Buildings’ (DOB) free, no-violation building inspections.  This citywide initiative allows co-op and condo boards, homeowners, landlords and small business owners to call 311 to schedule a free, no-penalty visual inspection of various areas of their properties,    Read the article…………………………….
  • Brooklyn condo residents win lawsuit, set to convert building to co-op (NY) June 29, 2024
    They thought they were buying apartments in a 25-unit condo in Bay Ridge, Brooklyn. But the developer lacked permits to erect the building, never transferred deeds to the owners, and failed to make $5 million in mortgage payments. When the lender, Maxim Credit Group, started foreclosure proceedings on the property, the residents faced the prospect of losing millions of dollars — and their homes.    Read the article…………………………….
  • Support Grows for Bill to Cut Carbon-Emission Fines for Co-Ops, Condos (NY) June 15, 2024
    At last, some good news for middle-class co-ops and condos struggling to comply with Local Law 97. A bill to soften the climate law’s sting has gained the support of 25 members of the New York City Council — just one vote shy of the majority that would push the bill through to passage.   Read the article…………………………….
  • Five-story Condo catches fire on Cliffside Drive in South Bristol (NY) June 5, 2024
    Cheshire Volunteer Fire Department and Bristol Fire Department responded to a structure fire as a condo caught fire in South Bristol Wednesday morning.  According to firefighters around 4:53 a.m. Ontario County 911 received a call reporting a condo fire on Cliffside Drive, and upon arrival found heavy smoke emitting from the fourth floor of the five-story building.     Read the article…………………………….
  • A Mega-Lawsuit, a Rush of Listings and Price Cuts Galore: What’s Going on at 432 Park? (NY) May 30, 2024
    When 432 Park Avenue launched sales to much fanfare in 2013, the condominium was hailed as one of Manhattan’s most prestigious addresses. The sleek, roughly 1,400-foot-high tower on Billionaires’ Row was briefly the tallest residential building in the Western Hemisphere. With a private dining terrace, Michelin star chef and luxurious spa, it drew celebrity residents such as Jennifer Lopez.   Read the article…………………………….
  • Lake George Association again challenges proposal by Lake George Park Commission to use herbicide to control invasive aquatic plan (NYMN) May 26, 2024
    Plans by the Lake George Park Commission to use an herbicide to control an invasive aquatic plant are once again being contested by local advocates.  The Lake George Association is leading efforts to stop the LGPC from using chemical ProcellaCOR in two proposed experimental treatments in the lake.   Read the article…………………………….
  • City Council Tightens Parking Garage Inspections with Trio of New Bills (NY) May 25, 2024
    One good turn deserves another. After tightening parking garage inspection rules in the wake of last year’s deadly collapse of a garage in Downtown Manhattan, the New York City Council has passed three bills that further tighten the screws on garage owners, including co-op and condo boards.   Read the article…………………………….
  • Southampton man convicted of fraud, money laundering (NY) May 18, 2024
    Officials said that Slothower devised a scheme to misappropriate more than $1 million from clients and prospects. While operating Battery Private, Slothower solicited business from a couple from California whose money he had managed at another financial services firm where he was previously employed. Slothower promised the victims he could beat any rate of return they were receiving, without market risk. In 2017, he offered to invest Victim-1’s money into what Slothower described as bonds backed by homeowner’s association fees, ...
  • New York City’s Hidden Water Tax May Cause 8% Increase in Bills May 8, 2024
    New Yorkers love to complain about taxes, including but not limited to property taxes, sales taxes and income taxes. Now all city residents — whether they live in co-ops or condos, rental buildings or single-family homes — may soon have a new tax to complain about: a hidden tax on water and sewer service that could cause their bills to spike by more than 8% this summer.    Read the article…………………………….
  • ‘We want the ticks gone’: Organizers calling for action against state parks “no mow” policy (NY) May 7, 2024
    The West River Homeowners Association called for action against the New York State Parks “no mow” policy to prevent ticks from latching onto children and dogs along the West River Greenway Trail.  Chris Russell, a member of the organization, wants the grass along the trail in Grand Island to be completely cut down.   Read the article…………………………….
  • Wantagh-Seaford Homeowners Association meeting addresses community issues (NY) May 4, 2024
    Community members packed the Wantagh American Legion hall for the meeting, which was hosted by the Wantagh-Seaford Homeowners Association to address those concerns and to discuss the Neighborhood Watch program.   Read the article…………………………….
  • What you can expect to pay for NYC condo or co-op insurance May 3, 2024
    New York City has never been particularly cheap, and annual insurance costs make living in the city even more expensive for condo and co-op owners.  Condo and co-op insurance—which protects your individual apartment—normally runs several hundred dollars a year. But premiums have gotten more expensive since 2020 thanks to inflation, higher construction costs, and a slowdown in the supply chain, said Loretta Worters, vice president of media relations at the Insurance Information Institute.    Read the article…………………………….
  • LIC Condo Board Settles Wage Dispute with Service Workers (NY) April 23, 2024
    There’s no such thing as a free lunch — or a free tax break. The popular 421-a tax abatement, for instance, comes with the requirement that a building receiving the tax relief must pay its non-union employees prevailing wages, which are pegged to the wages and benefits enjoyed by members of Local 32BJ of the Service Employees International Union.    Read the article…………………………….
  • In a luxe N.Y. condo, residents battle over dumping the Trump name April 19, 2024
    A referendum underway inside one New York condominium building has led to bitter divisions between once-friendly neighbors, who have handed out dueling information and lobbed accusations of wrongdoing back and forth as votes are tallied.    Read the article…………………………….
  • Fire in Chester condo complex destroys several units (NY) April 17, 2024
    A fire in Chester Tuesday destroyed several units inside a condominium complex.  Chester Fire Department Chief Thomas Marchiano says the flames broke out in the afternoon at the Whispering Hills condominium complex inside a garage and spread to the apartments above.    Read the article…………………………….
  • Queens Condo Mgmt Must Pay $119K For Workers Stiffed Out Of Benefits (NY) April 11, 2024
    Managers of a swanky Queens condo building stiffed workers out of benefits they were entitled to receive under the terms of a lucrative tax break, said city Comptroller Brad Lander.  Choice NY Property Management must pay $119,000 to its workers at The Jackson, a condominium in Long Island City, according to a wage theft settlement reached by Lander this week.   Read the article…………………………….
  • Somers community says HOA refuses to fix massive sinkhole (NY) April 7, 2024
    “Ten years ago, we saw a sinkhole was developing so we notified the homeowners association. They told me there’s no imminent danger here, and I said ‘Well, let your grandchildren come play back here,”‘ he says.  He says he’s reached out to the homeowners association about 30 times over the years about this.   Read the article…………………………….
  • Complaints mount against developer Sathuan Sa. Why East Greenwich halted work on new condos (NY) April 6, 2024
    An embattled Rhode Island developer, who has been sanctioned multiple times by the Rhode Island contractors’ registration board, had construction of his 38-unit condominium development in East Greenwich halted after the town’s building official said he had “grave concerns” about the work being done there.   Read the article…………………………….
  • Brooklyn Tower Is in Trouble (NY) April 6, 2024
    Stern’s supertall at 9 Dekalb, with its strikingly dark neo-Gothic façade, is now the most recognizable feature in the Brooklyn skyline — and perhaps its most divisive. But people in the real-estate industry have always talked about it for a different reason, with some speculating it was doomed from the start   Read the article…………………………….
  • Security firm paying $230K to settle wage-theft case at Chelsea condo (NY) April 1, 2024
    New York Attorney General Letitia James and city Comptroller Brad Lander on Monday announced a nearly $230,000 settlement with the managers of a Manhattan condo building and a private security firm for underpaying its workers.  A joint city and state investigation found that Allied Universal Security Services had for years been underpaying its security guards at 540 W. 28th St. — a luxe condo called +Art, which in 2011 received a 421-a affordable-housing tax break — some of them to ...
  • Somers community says HOA refuses to fix massive sinkhole (NY) March 27, 2024
    A community in Somers says their homeowner’s association won’t fix a massive sinkhole, despite many calls about it.  “Ten years ago, we saw a sinkhole was developing so we notified the homeowners association. They told me there’s no imminent danger here, and I said ‘Well, let your grandchildren come play back here,”‘ he says.     Read the article…………………………….
  • Fire tears through roof of condo building in Beacon; no injuries reported (NY) March 21, 2024
    A fire ravaged through a condo building in Dutchess County Tuesday leaving several families without a home.  Cellphone video provided to News 12 shows flames spreading over the roof in the Colonial Springs Complex on Colonial Road in Beacon.      Read the article…………………………….
  • Gas Leak Forces Evacuation At Carmel Condo Complex (NY) March 20, 2024
    Several residents and firefighters were evaluated by first responders following a gas leak at a Hudson Valley condominium complex that forced an evacuation.    Read the article…………………………….
  • Fire tears through roof of condo building in Beacon; no injuries reported (NY) March 20, 2024
    A fire ravaged through a condo building in Dutchess County Tuesday leaving several families without a home.  Several neighboring fire departments responded to the blaze, including from the City of Newburgh across the Hudson River. It took them more than an hour to put the fire out.     Read the article…………………………….
  • NYC pols urge Albany to OK tax break for ‘green’ mandate that could cost co-op, condo owners $20K March 18, 2024
    New York City Council members feeling the heat from thousands of angry co-op and condo owners are urging state pols to OK tax breaks over a new “green” mandate that could cost more than $20,000 per unit.  The City Council had actually approved the mandate, the Climate Mobilization Emissions Law, in 2019 requiring residential buildings to initially curb their greenhouse gas emissions by 40% and ultimately by 80% by 2050.   Read the article…………………………….
  • Condo owners at 443 Greenwich have been suing developer for years (NY) March 11, 2024
    Bloomberg had the story this week, and I have since traced it through court records: Since 2021, the “board of managers” (is that what folks call a condo board?) of 443 Greenwich, aka the celebrity dorm between Desbrosses and Vestry, has been in court with its sponsor owners and architect over a laundry list of problems with construction, the lack of a certificate of occupancy, building code violations and misused repair funds.   Read the article…………………………….
  • Property owners group sues City of Newburgh (NY) March 6, 2024
    Hudson Valley Property Owners Association, Inc. Tuesday filed suit in Supreme Court in Orange County against the City of Newburgh and New York State Division of Housing & Community Renewal, challenging the legality of Newburgh’s imposition of rent control through the adoption of the Emergency Tenant Protection Act of 1974 (ETPA).   Read the article…………………………….
  • Lawsuit Based on Racketeering Act Seeks Ouster of Fifth Avenue Co-op Board (NY) March 4, 2024
    The Racketeer Influenced and Corrupt Organizations (RICO) Act was designed to help prosecutors go after mobsters. Recently it was used to bring charges against former president Donald Trump and his allies for their efforts to reverse the 2020 election results in Georgia. Now it’ss the basis for a lawsuit in a tony co-op on Manhattan’s Museum Mile, where two shareholders accuse the entrenched board of running a criminal “racket” in the building.    Read the article…………………………….
  • In New York, the Trump Brand Is Costing Some Condo Owners (NY) February 18, 2024
    When Donald J. Trump became president, condominiums in buildings emblazoned with his name began selling for less, according to an analysis.  In the world of real estate, Donald J. Trump’s name has long been synonymous with luxury.   Read the article…………………………….
  • Mayor Adams eyes NYC property tax breaks as co-ops, condos face crunch from ‘green’ mandate February 12, 2024
    Mayor Eric Adams said he’d consider property tax breaks for middle-class co-op and condo owners who have to pay for pricey building upgrades when a new “green” mandate icks in.  Hizzoner said he was open to tax abatements as anxious residents brace for the costs of Local Law 97, which covers 800,000 co-op and condo apartments.   Read the article…………………………….
  • The big bad board: How do we replace our entire condo board? (NY) February 6, 2024
    Q: I live in a New York City condo building where over 50 percent of the unit owners have met and decided it is necessary to replace the entire board without consideration of their particular running terms. We know there is a process that needs to be followed. How do we go about replacing the board in accordance with our condo’s bylaws and city and state laws?Read the Q&A………………………………..
  • Former NYC Condo Empire Executive Arrested for Larceny, Tax Fraud February 6, 2024
    A former New York executive facing lawsuits over the collapse of real estate empire HFZ Capital Group has been arrested in Miami, charged with grand larceny and tax fraud.Read the article…………………………….
  • Several Departments Battle Long Island Condo Fire (NY) December 30, 2023
    A fire broke out at a Long Island condominium complex, leaving residents displaced, authorities said.   Officers and firefighters were able to evacuate residents safely, and no injuries were reported.     Read the article…………………………….
  • Condos lose special street claim (NY) December 26, 2023
    Two condominiums adjacent to Franklin Place, a mid-block alley in lower Manhattan, asked that Franklin Place be designated as a fire apparatus access road in order to prohibit parking next to condominiums.  Read the article………………………………….
  • New Deadline for Parking Structure Inspections (NY) December 23, 2023
    The roll-out of the city’s garage inspection program has just been accelerated. The city has posted a new deadline that requires all buildings with garages to complete an initial safety inspection of the structure by b.  Read the article………………………………..
  • Queens man charged with hate crime for vandalizing condo building with threats, slurs targeting various groups (NY) December 21, 2023
    A Queens man was arraigned on Thursday, the charges accusing him of vandalizing the walls of his Sunnyside condo building with a slew of slurs and hateful messages last month, the Queens District Attorney’s Office said.   Read the article………………………………
  • City Releases FInal Rules on How Co-ops and Condos Can Comply With Local Law 97 (NY) December 20, 2023
    New York City has released its long-awaited final rules on how buildings owners, including co-op and condo boards, can cut their buildings emissions enough to comply with Local Law 97, which goes into effect less than two weeks from today, on Jan. 1, 2024    Read the article………………………………
  • Staten Island condo feud’s explosive twist — resident accused of threat to blow up building (NY) December 18, 2023
    A Staten Island penthouse owner who spent six months behind bars for refusing his condo board’s demand to remove an addition from his home is in hot water again — this time for an email threat that he says someone else fabricated to get him in trouble.    Read the article……………………………..
  • 4 Firefighters Hospitalized After 4-Alarm Blaze At Condominiums In Westchester (NY) December 11, 2023
    Afour-alarm blaze at a condominium complex in Westchester resulted in four firefighters and one civilian being sent to a nearby hospital, fire officials said.   Read the article…………………………….
  • 2 Firefighters Injured In White Plains Condo Blaze (NY) December 8, 2023
    Two firefighters were sent to the hospital after battling a three-alarm fire in White Plains Thursday.  The blaze at Chateau Condominiums on North Broadway impacted nine apartments,   Read the article……………………………
  • Sunset Park Fire Sale Fails, Leaving Condo Owners and and Tenants Empty-Handed (NY) December 8, 2023
    A hoped-for auction failed last week for a charred husk of a Brooklyn building, in the latest misfortune for former residents scattered to the winds while still paying mortgages and taxes.   Read the article……………………………
  • Op-ed: The better path to environmental sustainability for co-op, condo owners (NY) December 7, 2023
    Climate change is real and we must take aggressive proactive steps to address it, but we can’t bankrupt working and middle class co-op and condo homeowners in our efforts to make change. The proposed New York City Local Law 97, with its unforgiving timelines and heavy fines endanger the housing security of working and middle-class families who have invested their life savings into their co-ops and condos all over Queens, from Whitestone to Bay Terrace.    Read the article…………………………….
  • My Home Community Is Forcing Inspections. Can They Do That? December 2, 2023
    A homeowner’s association is a democracy, but living in one involves subjecting yourself to some intrusion. It’s all in the bylaws.   Read the article……………………………
  • Gramercy Park Co-op Board Gives Cold Shoulder to Heating Law (NY) November 22, 2023
    A co-op in the pricey Gramercy Park neighborhood in Manhattan is very chill — in the wrong way. Shareholders complain that there has been no heat after 10 p.m. this year. That the heat comes on late in the morning. That windows are drafty — but the shareholders voted down building-wide window replacements, and the co-op board has decreed that shareholders cannot pay to replace their own windows. What can shareholders do to turn this building from chill to cozy?  ...
  • In some states, it’s ‘nearly impossible’ to buy a home that isn’t part of a homeowners association, expert says October 31, 2023
    Homeowners associations, also known as HOAs, are self-governing organizations that implement rules for homeowners and renters within common-interest communities. A board of directors, made up of volunteer homeowners in the community, run the HOA. The board may choose to hire a management company, many of which are for-profit, to help run day-to-day operations.    Read the article………………………………   How homeowners associations became so powerful  Video report of this article……………………………..
  • Co-op and Condo Monthly Charges Rising at Triple the Inflation Rate (NY) October 23, 2023
    Monthly charges for residents of New York City co-ops and condos are rising three times as fast as inflation, The Straits Times reports, reigniting fears that the middle class will soon be priced out of this increasingly costly city.   Read the article……………………………….
  • Tenants at Harlem condo find solution to bird collision concerns (NY) October 18, 2023
    Bright glass buildings in New York City have become death traps for birds that are killed by the impact of flying straight into the windows.  As a result, residents at a condo building in Harlem are stepping up to make their building safer for birds.   Read the article…………………………….
  • White Plains condo challenges city OK of DISH antennas (NY) October 12, 2023
    A White Plains condominium claims that city officials abused their discretion when they approved plans by DISH Wireless to install wireless telecommunication antennas on a rooftop near the condo.    Read the article…………………………………
  • Luxury Condo Feels the Sting of Fannie Mae’s New Guidelines (NY) October 12, 2023
    When buyers at 75 Wall St., a luxury condo in Manhattan’s Financial District, were denied residential mortgages earlier this year, it became clear the building was a casualty of stricter enforcement of Fannie Mae’s new lending guidelines.   Read the article……………………………..
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