Cooperative and Condominium Law
Mark Axinn Featured in the Cooperator News New York Q&A on Window Repairs and Replacements06/07/2022
Cooperative and Condominium Practice head Mark Axinn was featured in the Cooperator News New York's Q&A series discussing who is responsible for window repairs and replacements in proprietary leases.
Scott Piekarsky Quoted in the Cooperator News on How to Remove a Co-Op Shareholder or Condo Owner From Their Association or Building06/06/2022 | Cooperator News
Partner Scott Piekarsky was quoted in the Cooperator News in an article, “Removals, Ejections & Evictions in Condos & Co-ops.” Scott was asked for this thoughts on how to remove a co-op shareholder or condo owner from their association or building.
Phillips Nizer Practical News Legal Alert: Good News for Co-op Boards and Managing Agents for the New Year: Changes to Housing Stability and Tenant Protection Act Benefit Co-op Corporations, January 202201/04/2022
Good News for Co-op Boards and Managing Agents for the New Year: Changes to Housing Stability and Tenant Protection Act Benefit Co-op Corporations. On December 22, 2021, Governor Hochul signed legislation exempting co-ops from many of the onerous restrictions in the Housing Stability and Tenant Protection Act of 2019. These revisions will allow boards and their agents to represent the shareholders’ interests more effectively in operating their buildings.
Condominium and Cooperative Practice Chair Mark Axinn Discusses Coop Meeting Rules in a Q&A for the Cooperator News New York12/21/2021
Condominium and Cooperative Practice Chair Mark Axinn answers a reader question for Cooperator News New York on coop meeting rules.
Proportionate Shares Are Set in Stone, Habitat Magazine (November 2021), Mark Axinn, Phillips Nizer Condominium and Coop Law Chair
Proportionate Shares Are Set in Stone, Habitat Magazine (November 2021)
Habitat Magazine: Co-op Boards Getting Ready for the Reopening of Housing Court, by Mark N. Axinn08/19/2021
The national debate on evictions is set to play out in New York, where the Civil Court’s residential landlord and tenant section, commonly known as housing court, is scheduled to reopen next month for the first time since March 2020. Co-op boards looking to enforce their proprietary leases must grapple with two questions: What if the courts do not reopen in September, despite this month’s U.S. Supreme Court ruling invalidating the current moratorium on evictions? And even if housing court does reopen, how much of a delay will co-ops face due to the severe backlog of cases after a 17-month hiatus brought on by COVID-19?
Good News for Co-ops and Condos: Sponsors Are Selling, as seen in Habitat Magazine (July 8, 2021) By: Mark N. Axinn, Phillips Nizer LLP Condominium and Cooperative Law Chair07/08/2021
After decades of fighting their sponsors, New York City co-ops and condominiums may finally be catching a break. Almost 20 years have passed since the state’s highest court, the Court of Appeals, decided the landmark Jennifer Realty case, holding that co-op apartment corporations may sue their sponsor-developers for breach of an implied promise to sell their unsold shares in the corporation. Despite the ruling, most owners of unsold apartments continued to rent rather than sell their unsold units, especially when the rental market remained strong.
Phillips Nizer Adds Four Real Estate Partners and an Associate from Brill & Meisel: Allen H. Brill, Elliott Meisel, Mark Axinn, Christopher Aldridge, and Amanda Benishai06/01/2021
Four partners and an associate join top NY Real Estate practice