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CooperatorNews New York, The Co-op & Condo Monthly

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Reminder: 2026 Deadlines for DOB Sustainability Laws
The NYC Department of Buildings (DOB) published a service notice at the end of February reminding boards, managers, and building owners of the 2026 filing deadlines for the City’s local sustainability laws, including:  Benchmarking Energy & Water Use Buildings covered by Local Law 84 must submit benchmarking reports by May 1. For a detailed explanation of the requirements, visit...

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New Alteration Agreement Form for Condos Adopted
After several years of work, a new alteration agreement form for condo units has been approved by both the New York City and New York State Bar Associations.  Alteration agreements are used by boards to regulate and oversee any renovations or modifications made within individual co-op and condo units. Their primary purpose is to protect the building’s structural integrity, build...

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New Rules for Co-op Applications
The rules governing co-op housing in New York City are constantly changing and evolving. One new regulation with major implications for co-op boards is the City Council’s Intro 1120-B, which went into effect in January after bouncing around City Hall for a couple of years. CooperatorNews recently spoke with attorney Hal Coopersmith, a partner at the Manhattan-based law firm of...

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Local Façade Law Overview
Most U.S. municipalities have local laws on their books governing how exterior building façades must be inspected, maintained and repaired. While such legislation is occasionally enacted at the state level, generally these laws are a local matter. And while the specific rules and requirements may differ slightly from city to city, the basics are the same; they're designed to mai...

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Access to Information
Transparency is touted as a cornerstone of good board governance. Shareholders and unit owners want—and have the right—to see what goes on behind the curtain at board meetings and better understand why certain decisions are made. Residents are mindful of their financial investment, and understandably want timely access to information about how it’s being managed and governed. ​W...

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