Can a cooperative board terminate a shareholder’s lease for disruptive or threatening behavior—even before the lease ends? In the latest issue of Co-op & Condo Case Law Tracker, Becker shareholder Steven S. Anderson explores a recent New York Appellate Court decision affirming that HDFC (Housing Development Fund Corporation) co-op boards have the […]
Q: I bought a co-op apartment in Queens about 35 years ago and I’ve been renting it out. About 15 years ago, the co-op imposed a 10 percent surcharge on the maintenance fees for apartments that are rented out. That increased to 20 percent about five years ago. Should my […]