Episode 87: Key Issues Currently Facing Co-ops & Condos

In this episode of Building Knowledge with the Building and Realty Institute (BRI), we dive into the major legal and operational challenges confronting Co-ops and Condos across the New York metropolitan area.Our guest is Richard Klein, Esq., Partner at Dorf Nelson & Zauderer, LLP, making his first appearance on the show. Richard shares expert insight on issues boards and property managers are actively navigating, including:Concerns about underlying mortgages amid shifting lending conditionsManaging rising operating costs, especially in insurance and energyBest practices for assessments and financial planningAddressing the realities of aging buildingsLegal considerations for service and emotional support animalsHandling resident conflicts within communitiesA discussion of Richard’s contributions to the New York Times “Ask Real Estate” column, including hoarding, fire damage, and the balance between compassion and enforcementWhether you’re a board member, property manager, or real estate professional, this episode offers practical guidance on navigating today's Co-op and Condo landscape.