CooperatorNews New York, The Co-op & Condo Monthly

In Albany, a recently introduced bill could reshape key aspects of co-op governance. Assembly Bill A10283, dubbed the ‘Increase Transparency in Cooperative Housing Corporations’ bill, proposes broad changes aimed at expanding shareholder oversight and access to information.  Beyond Transparency While the bill has been framed and sold as a transparency measure, that characterizat...

Understanding monthly maintenance bills can be a pain. What reads like a single amount usually breaks down into many unseen parts, like insurance, contract obligations, and reserves for capital repairs.  CooperatorNews spoke with Chuck Graziano, Director of Governance and Compliance at New Jersey-based property management company Wilkin Management Group (AAMC) and President of r...

Cities are known for being home to diverse populations that thrive in fast-paced, crowded environments—and not all of those populations are human. The same dense landscape that attracts people also attracts bold, resourceful, and highly adaptable birds. New York City is home to hundreds of bird species, including cardinals, robins, sparrows, woodpeckers, and of course, pigeons. ...

No board can prevent every accident, lawsuit, water or property damage event. However, there are practical steps that boards and managers can take to put themselves in the best possible position before such a claim occurs. The goal isn't perfection, but rather preparation. Most boards focus heavily on purchasing insurance, but having a policy in place is only one piece of the pu...

Effective July 1, 2026, owners of “pied-à-terre”  co-op or condo units and/or one- to three-family houses located in New York City (referred to here as a “covered property”) are subject to an add-on property tax surcharge (aka the PAT tax) if (a) the covered property is not the owner’s primary residence, and (b) the property’s market value as set forth on the property tax record...