Back in August 2013, BKLYNER reported about a heated debate between candidates for Southern Brooklyn City Council. The focus was reforming co-op laws, the results were non-existent. Organizers said the purpose of the event was to alert candidates of “insufficient laws in the State and City of New York concerning rights of shareholders of co-ops, […]
Category: Policy changes
The Real Deal highlighted an issue many cooperative shareholders have been aware of for decades, the laws ostensibly serving New York co-op owners are full of holes and need drastic overhauls. Read about how a proposed tax on New York corporations caused co-op owners to panic because of unclear corporation laws.