30
Nov
2016

The Human Factor in Capital improvement Budgets

Habitat Magazine

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It's not just the admissions process that can turn into a legal minefield for co-op boards. When budgeting for major capital improvements, boards must take into account not only the cost of doing the work and how to pay for it - but also the cost of accommodating residents with special needs. Failure to do so can lead to costly lawsuits.

Deborah Koplovitz, a real estate attorney with Anderson Kill, cites recent cases where elevator shutdowns sparked legal action from disabled residents. In one case, a resident asked to be relocated to temporary accommodations while the building's lone elevator was out of service. The request was declined, and the resident took out a temporary restraining order. The court ruled that the project could not proceed until the resident was relocated.

To read the full article:  The Human Factor in Capital Improvement Budgets

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- Cooperative and Condominium Law Attorney | Anderson Kill P.C.
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