June 22, 2018 | New York Law Journal
Giving Co-op and Condo Boards the Right to Grandfather Existing PrivilegesCo-op and condo boards are often obstructed from making policy changes to address shifting trends and needs within their building by longstanding residents who benefit from the existing rules and have come to rely upon them. One popular solution has been to “grandfather” existing accommodations for these residents, but this solution is not without its own problems. The authors suggest a solution to the dilemma.
By Bruce A. Cholst, Karol S. Robinson and Alexander Litt
2 minute read
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