No later than December 27, 2021, all workers in New York City must provide proof to their employers that they have received at least one dose of a COVID-19 vaccine, under an order recently issued by the commissioner of the...more
We reported in April that condominium and cooperative boards would likely be ineligible for Paycheck Protection Program (PPP) loans based upon an interim ruling from the Small Business Administration....more
With cooler temperatures descending upon New York City, New Yorkers are being forced to spend more time indoors. The good news is that this month the city has authorized the reopening of indoor pools. However, saunas, steam...more
Beginning September 2, 2020, gyms and fitness centers in residential cooperatives (coops) and condominiums (condos) in New York City (NYC) are permitted to open....more
Residential cooperatives (coops) and condominiums (condos) should proceed with caution when opening their indoor pools. In a recent Alert, we advised that residential coops and condos in New York City (NYC) are permitted to...more
In our recent Alert, we discussed whether residential condominiums (condos) and cooperatives (coops) are permitted to open their pools and gyms despite those facilities being closed to the public in New York City pursuant to...more
Summertime is here, and so is Phase Three of the reopening of New York City following the onset of the COVID-19 pandemic in the United States. For the first time in four months, residents of NYC are beginning to feel a sense...more
Boards of cooperatives and condominiums have faced unique and profound challenges due to COVID-19. To date, boards seeking to take action have had their proverbial hands tied behind their backs during the COVID-19 bans on...more
On April 2, we advised that condo and coop boards would likely be eligible for Paycheck Protection Program (PPP) loans based upon the language of the Coronavirus Aid, Relief and Economic Security Act (CARES Act)....more
President Trump recently signed into law two sweeping pieces of legislation that multifamily real estate owners, including condominium and cooperative boards, need to be aware of and need to act upon to protect their...more
Click here to read more on the coronavirus According to the Centers for Disease Control and Prevention (CDC), the immediate risk of being exposed to COVID-19 (aka, the coronavirus) is thought to be low. While the virus is not...more
3/10/2020
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