January 06, 2005 | New York Law Journal
Cooperatives and CondominiumsRichard Siegler, a partner in the firm of Stroock & Stroock & Lavan and an adjunct professor at New York Law School, and Eva Talel, also a partner in Stroock & Stroock & Lavan, write that there are significant risks involved in allowing a diplomat or foreign government to purchase or lease an apartment.
By Richard Siegler And Eva Talel
12 minute read
July 02, 2002 | New York Law Journal
Cooperatives and CondominiumsN ovel issues involving cooperative housing and condominium law continue to make their way through New York courts. Last year, in a case brought by a co-op owner, a court questioned the broad decision-making authority of co-op boards with regard to rejecting apartment transfers when confronted with an age discrimination claim. 1 When one thinks of discrimination claims in the co-op/condominium context, the familiar claims of racial, religious, gender and ethnic discrimination come to mind. However, age disc
By Richard Siegler And Eva Talel
17 minute read
November 02, 2005 | New York Law Journal
Cooperatives and CondominiumsRichard Siegler and Eva Talel, partners at Stroock & Stroock & Lavan, write that cooperative housing corporations are often in need of funds to pay for capital expenditures or to create working capital. One way to meet this need is to raise revenues by converting underutilized common area or other space in the building to proprietary usage.
By Richard Siegler and Eva Talel
11 minute read
December 31, 2007 | New York Law Journal
Cooperatives and CondominiumsRichard Siegler, a partner in Stroock & Stroock & Lavan and an adjunct professor at New York Law School, and Eva Talel, a partner at the firm, write that managing cooperative housing corporations and condominiums is a document-intensive endeavor. While some documents should be retained to resolve disputes with residents or comply with the law, concern for the privacy of individuals whose personal information is contained in such documents sometimes necessitates their disposal.
By Richard Siegler and Eva Talel
13 minute read
July 01, 2009 | New York Law Journal
Cooperatives and CondominiumsRichard Siegler, a partner at Stroock & Stroock & Lavan and an adjunct professor at New York Law School, and Eva Talel is a partner at the firm and an adjunct professor at Cardozo Law School, describe several challenges posed by the revised New York Rules of Professional Conduct related to co-ops and condominiums, review relevant provisions of the New Rules and the Old Code, and provide guidance to boards and their managers for retaining legal counsel.
By Richard Siegler and Eva Talel
14 minute read
September 06, 2006 | New York Law Journal
Cooperatives and CondominiumsRichard Siegler and Eva Talel, partners at Stroock & Stroock & Lavan, write that given recent conclusive scientific evidence of the serious health hazards associated with second-hand smoke from cigarettes, cigars and pipes, especially for children, co-op and condominium boards are increasingly looking into how to keep their buildings smoke-free.
By Richard Siegler and Eva Talel
14 minute read
July 07, 2004 | New York Law Journal
Cooperatives and CondominiumsRichard Siegler, a partner with Stroock & Stroock & Lavan and adjunct professor at New York Law School, and fellow Stroock partner Eva Talel discuss recent appellate cases that have helped clarify ambiguities and offers guidance for co-op and condominium boards and their counsel, as well as attorneys who prepare offering plans.
By Richard Siegler and Eva Talel
13 minute read
May 04, 2005 | New York Law Journal
Cooperatives and CondominiumsRichard Siegler and Eva Talel, partners at Stroock & Stroock & Lavan, write that, with the annual meeting season now under way for many co-ops and condominium associations, cumulative voting remains a concern for those using this system.
By Richard Siegler and Eva Talel
15 minute read
September 03, 2008 | New York Law Journal
Cooperatives and CondominiumsIn 2007, two significant tax developments riveted the normally quiet world of housing cooperatives. The first occurred on July 30, 2007, when the Treasury Department revived concerns over co-op tax liability under Subchapter T (Subchapter T) of the Internal Revenue Code of 1986, as amended (the code), by publishing Form 1120-C, U.S. Income Tax Return for Cooperative Associations (New Form 1120-C). The other major development was the Dec. 20, 2007 enactment of the Mortgage Forgiveness Debt Relief Act of 2007 (the act), which includes liberalized requirements for qualification as a "cooperative housing corporation" under �216 of the code.
By Richard Siegler and Eva Talel
14 minute read
May 02, 2007 | New York Law Journal
Cooperatives and CondominiumsRichard Siegler, a partner at Stroock & Stroock & Lavan and an adjunct professor at New York Law School, and Eva Talel, also a partner at Stroock, write that increasingly, condominiums are acting like co-ops in order to obtain greater control over apartment transfers. However, without a court ruling on the lawfulness of these provisions, it is uncertain whether condominiums have crossed the line and enacted provisions which constitute unreasonable restraints on alienation.
By Richard Siegler and Eva Talel
12 minute read
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