Sublet Issues in New York Cooperatives

CNYC's 36th Annual Housing Conference

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DATE: Sunday, November 13, 2016

TIME: 9:30 AM - 11:30 AM

VENUE: Baruch College, Newman Vertical Campus, 55 Lexington Avenue, NY, NY

Many cooperatives periodically review their sublet, admissions and guest policies to ensure a consistently balanced approach to the changing needs of the building and its shareholders.  Attorney Mort Rosen will examine subletting both from the point of view of the board of directors and that of shareholders who may wish to sublet.  He will help participants consider sublet fees and procedures for reviewing sublet candidates.  The law and possible board policies with respect to occupancy by ‘guests’ and ‘roommates’ will also be discussed, as well as restrictions and conditions that boards might consider imposing in sublet situations, including short term sublets.

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- Shareholder| Anderson Kill P.C.
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