With your business goals in mind, we work with you to provide efficient and creative board advisory services. We guide you in effective management and governance to achieve the highest financial and operational efficiency. Understanding the needs of all parties involved, we advocate for your interests and negotiate agreements on the best possible terms. Our deep experience in this industry makes Tarter Krinsky & Drogin a full-service solution.
Our Cooperative and Condominium Practice Group advises residential and mixed-use cooperative corporations, condominium associations, boards, and managing agents on all issues including:
We handle all facets of real estate litigation, including arbitrations and mediations, shareholder/unit owner disputes, and litigation with insurance carriers over coverage. Issues include sponsor defaults, unauthorized construction and subletting, transfers issues, discrimination complaints, nuisance abatement and noise complaints and vendor disputes.
Our attorneys have over 25 years of experience handing condo and co-op matters. As a result, we know the most effective strategies to resolve complicated issues and can keep matters moving.
|Bernstein, Debra Bodian Counsel||Counsel||212.216.8027|
|Cobb, Christopher Counsel||Counsel||212.216.1181|
|Farrell, Edward Partner||Partner||212.216.8090|
|Pfeffer, David J. Partner, Chair of Construction Group||Partner, Chair of Construction Group||212.216.8075|
|Troup, Steven Partner||Partner||212.216.8020|
|Tumulty, Christopher Counsel||Counsel||212.216.8096|
Tarter Krinsky & Drogin is pleased to announce the promotions of three lawyers, two to partner and one to counsel.
Steve Troup was selected by the Cooperative & Condominium Law Committee of the New York City Bar Association as a member of the Contract Revision Subcommittee, which is charged with revising the standard form of purchase and sale agreement for co-op apartments in New York.
Steve Troup was quoted in “When Residents Are Disruptive” published by The Cooperator.
Tarter Krinsky & Drogin recently announced the promotions of three lawyers, David Kleinmann and Gina Piazza to partner, and Chris Tumulty to counsel.
Construction Group partner Laurie Stanziale and Cooperative and Condominium chair Steve Troup published an article for Law360 on “What to Know About Licensing Agreements With Neighbors.”
Cooperative and Condominium Practice chair Steve Troup was recently featured in a Cooperator New York article on evaluating prospective buyers’ finances when purchasing a co-op apartment.
Real Estate Weekly featured the recent promotions of Gina Piazza and Christopher Tumulty in its Deals and Dealmakers section.
Tarter Krinsky & Drogin successfully negotiated and closed an $18.1 million mortgage financing transaction for a cooperative client.
Tarter Krinsky & Drogin recently closed a complex underlying mortgage refinancing for a 164-unit Upper East Side co-op with National Cooperative Bank.
Tarter Krinsky & Drogin recently closed an unusual transaction on behalf of a co-op client consisting of 30 apartments owned by investors, occupied by rent-stabilized tenants, which were sold to another investor group.
Partner Steve Troup was quoted in the June 2014 issue of The Cooperator. The article “What You’re Getting Into – Vetting Contracts Before You Sign” addresses issues that board members and managers should consider when signing contracts on behalf of co-op and condo associations.
Tarter Krinsky & Drogin Partner Steven Troup recently won favorable decisions in court hearings for two condominium clients.
Tarter Krinsky & Drogin represented client 88 Laight Street, LLC to close $2 million in additional financing to complete the The Glass Condominium project.
Tarter Krinsky & Drogin represented Hackermeter, a coding challenge website, in the negotiation and closing of an acquisition with Pinterest. The start-up was launched at Y Combinator’s Demo Day in August and matched developers with companies through code challenges.
Steven Troup was featured in the Q&A section of the Cooperator’s July 2013 issue. The article, titled “Unfairly Charged” addresses the question of how a co-op homeowner should handle a dispute with management about unfair expenses incurred.
The job of a co-op or condo board member seems pretty straightforward: have meetings, take votes on this or that item of business, approve checks, keep an eye on the budget, and so forth. That’s the administrative part of the job. But board membership also comes with a whole slew of legal and ethical considerations as well—many of which the board member may have never stopped to consider. Let’s take a look at some of the common ethical and legal pratfalls board members fall victim to, and how to avoid them.
Q We own a three-family house in Brooklyn that is part of a 140-building homeowners’ association. We have not had an annual meeting for more than five years. Two months ago, we asked the board for a special meeting as outlined in the bylaws, but we have not received a response. What can we do now?
Q. I live in a condominium community in Queens. I recently wrote to the board of managers and asked whether I, as a homeowner, have the right to attend monthly board meetings. I was told that no homeowner (other than a board member) may, under any circumstances, attend a meeting of the board. Is this correct? Is there a law in New York that prohibits homeowners from attending monthly board meetings? ... George P. Silberman, Bayside, Queens.
There is a general uncertainty within the real estate community with respect to the requirements for conveying clear title to individually owned condominium and cooperative apartments when one or all of the record owners are deceased. This article will discuss what a seller's attorney must do prior to closing to assure that the seller can deliver on his or her obligation to convey clear title at closing, as well as to satisfy the title agent and the managing agent of a cooperative corporation, that all of the necessary documents are in place in order to effectuate a transfer of good and clear title of the unit.
When shareholders of a cooperative or unit-owners of a condominium vote to elect members of a board, balloting may be done in secret or in the open. Secret ballots, as the term implies, are private. In open balloting, both the fact of voting and the person for whom the ballot is cast are public knowledge.