LEGAL LEARNING LAB COURSE DESCRIPTIONS - JANUARY 3-31, 2021
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LEGAL LEARNING LAB JAN 2021 28 DAY EVENT 47 SESSIONS TRACKS ROLL OUT WEEKLY ATTEND AT YOUR CONVENIENCE CONFERENCE TRACKS GOVERNANCE CONTRACTS COMMUNITY FUTURE STREAMING JAN 3–9, 2021 STREAMING JAN 10–16, 2021 STREAMING JAN 17–23, 2021 STREAMING JAN 24-31, 2021 16 SESSIONS 9 SESSIONS 14 SESSIONS 8 SESSIONS ABOUT THE EVENT SESSION LIST Get practical insights from New York’s leading In the following pages you’ll find a list of sessions co-op/condo attorneys on how to navigate today’s with a brief outline of what you’ll learn. Learning turbulent environment. Each session is moderated tracks stream weekly and you can watch sessions by a Habitat editor, asking the kinds of questions on your own time schedule. confronting many boards. You’ll learn about the issues that sneak up and upend a community’s TO REGISTER: health and stability, and how to avoid the pitfalls. bit.ly/LegalLearningLab WHAT TO EXPECT 47 Sessions, Streaming Over 28 Days: $75 Practical protocol and legal advice for your board to consider. Most sessions are between 10 and 15 minutes long – just enough time to take in new information and not get overwhelmed. 2 HABITAT Legal Learning Lab 2021 W W W. H A B I TAT M AG .C O M
TRACKS, ROOMS AND PARTICIPATING ATTORNEYS GOVERNANCE COMMUNITY AMENITIES/GYMS APARTMENT OWNERSHIP Eric Goidel, Borah Goldstein Altschuler Nahins & Goidel Carly Clinton Davidoff, Adam Leitman Bailey Marc Luxemburg, Gallet Dreyer & Berkey Deborah Koplovitz, Anderson Kill Mark Hankin, Hankin & Mazel Peter Massa, Armstrong Teasdale John M. Desiderio, Adam Leitman Bailey Andrew Stern, Tane Waterman & Wurtzel BOARD CHALLENGES ARREARS Karol Robinson, Anderson Kill Christopher Tumulty, Tarter Krinsky & Drogin Robert Braverman, Braverman Greenspun DISRUPTIVE BEHAVIOR Lewis Montana, Levine & Montana Adam Leitman Bailey, Adam Leitman Bailey BOARD ELECTIONS Emanuela Lupu-Ferrante, Smith Buss & Jacobs James Glatthaar, Bleakley Platt & Schmidt Michael Manzi, Smith Gambrell & Russell Stephen Lasser, Lasser Law Group Stanley Somer, Somer & Heller Dean Roberts, Norris McLaughlin RESIDENT CONCERNS Marc Schneider, Schneider Buchel Helene Hartig, Helene W. Hartig Law Offices Steve Wagner, Wagner, Berkow & Brandt Lisa Radetsky, Phillips Nizer RULES Dennis Greenstein, Seyfarth Shaw David Berkey, Gallet Dreyer & Berkey SUBLETS William McCracken, Ganfer Shore Leeds & Zauderer Phyllis Weisberg, Armstrong Teasdale Geoffrey Mazel, Hankin & Mazel Seth Sahr, Novitt Sahr & Snow J. David Eldridge, Taylor, Eldridge & Endres FUTURE CONTRACTS COMMERCIAL INCOME ACCESS AGREEMENTS Andrew Brucker, Armstrong Teasdale Julie Schechter, Armstrong Teasdale Howard Schechter, Armstrong Teasdale Adam Finkelstein, Kagan Lubic Allen Brill, Brill & Meisel Lepper Finkelstein & Gold C. Jaye Berger, Law Offices C. Jaye Berger CO-OP TURNAROUND Matthew Goldberg, Hankin & Mazel APARTMENT ALTERATIONS Leni Morrison Cummins, Cozen O’Connor LOOKING AHEAD Dale Degenshein, Armstrong Teasdale CONTRACTS Steven Sladkus, Schwartz Sladkus Richard Klein, Klein Greco & Associates Reich Greenberg Atlas INSURANCE Theresa Racht, Theresa Racht, Esq. Arthur Weinstein, Law Offices of Arthur Weinstein Stewart Wurtzel, Tane Waterman & Wurtzel Ken Jacobs, Smith Buss & Jacobs Tom Smith, Smith Buss & Jacobs Ian Brandt, Wagner, Berkow & Brandt W W W. H A B I TAT M AG .C O M Legal Learning Lab 2021 HABITAT 3
LEGAL LEARNING LAB GOVERNANCE Amenities/Gyms; Board Challenges; Board Elections; and Rules STREAMING JANUARY 3 –9, 2021 AMENITIES/GYMS Is It Gym Time Now? Balancing Gym Rules With Disability Requests The Legal Minefield Of Reopening Amenities Marc Luxemburg, Partner, Gallet Dreyer & Berkey Mark Hankin, Partner, HOST: CAROL J. OTT Hankin & Mazel Eric Goidel, Senior Partner, HOST: BILL MORRIS Borah Goldstein Altschuler Gathering places are pandemic Nahins & Goidel hotspots, and in many co-ops Many co-op and condo boards HOST: BILL MORRIS and condos this means gyms. have risen to the challenges of In this session you’ll learn what reopening their gyms and other The reopening of amenities dur- is required to conduct gym amenity spaces — everything ing the pandemic has touched business safely, and what are from ventilation upgrades to on numerous areas of the law, the legal risks that boards face social distancing rules to hiring but they all boil down to a sim- when doing so. monitors. This session explores ple conflict: a board’s use of the n There are gyms in the base- the surprises that can ambush Business Judgment Rule in the ments of older buildings and even the best-prepared boards. face of serious pushback from spiffy ones in newly built n What should a board do residents. Handling that conflict condos. What should boards when a person with a disabil- is the focus of this session. in each of these buildings be ity asks for an accommoda- n How can boards protect concerned about? tion to use the gym? themselves against charges n What are the protections that n If the requested accom- of negligence? boards should put in place in modation isn’t “reasonable,” n What are the ramifications both types of buildings? what are the board’s options? of reopening amenities for n Bottom line, is it legally safe to n Should expensive discrimina- building staff and outside operate your building’s gym? tion lawsuits be avoided at all contractors? costs? n What should be the guiding principle on reopening and regulating amenities? 4 HABITAT Legal Learning Lab 2021 W W W. H A B I TAT M AG .C O M
LEGAL LEARNING LAB Juggling Amenities BOARD CHALLENGES Transition Smoothing: and Apartment Sales From Sponsor to Mitchell-Lama Funding Unit-Owner Control Complications John M. Desiderio, Partner, Adam Leitman Bailey Robert Braverman, Partner, Karol Robinson, Shareholder, Braverman Greenspun HOST: BILL MORRIS Anderson Kill HOST: CAROL J. OTT Many co-op and condo boards HOST: CAROL J. OTT have jumped through all the With a sluggish real estate mar- Most co-ops and condos are in an hoops required for the safe — ket, unit-owners in newly built endless cycle of repairs, upgrades and legal — reopening of their condos or recent conversions and city regulation compliance. gyms. This session is about a may be wondering when the Underpinning all this, of course, is condo board that balked. sponsor will relinquish control money. Today, however, Mitchell- n Should boards require gym of their buildings. And on that Lamas, the co-ops that provide users to release the board day, will unit-owners be ready affordable housing to thousands, from liability if the gym user to govern? There are strategies find themselves in a funding contracts COVID-19? for smooth transitions that many quandary. Why that is so, and n Even if it’s protected from condos have used, and in this what can be done about it, is the legal liability, what are a session you’ll learn what they are. focus of this session. board’s up-front costs when n How long is the sponsor n What are the traditional reopening an amenity? control period, and when funding sources for n Does the armor of the does it end? Mitchell-Lamas? Business Judgment Rule n What are ways to navigate n What’s happening now to protect boards from push- the sponsor control period make funding more difficult? back by shareholders and and the time limitations on n Can’t the private market lend unit-owners? construction defects? to Mitchell-Lama co-ops? n Can a sponsor give up control gradually? If so, what are the negatives and benefits to this? n Reserve funds can be con- tentious in condo conver- sions. What can be done about that? W W W. H A B I TAT M AG .C O M Legal Learning Lab 2021 HABITAT 5
LEGAL LEARNING LAB The Risk in Making BOARD ELECTIONS Statutory Authority: Board Decisions Why It Matters When Virtual Won’t Work Lewis Montana, Partner, Stephen Lasser, Managing Levine & Montana James Glatthaar, Partner, Partner, Lasser Law Group Bleakley Platt & Schmidt HOST: CAROL J. OTT HOST: CAROL J. OTT HOST: CAROL J. OTT When you sit on your board Once boards go down the virtual Virtual annual meetings have of directors, every deci- road — holding Zoom meetings arrived, but what if it just won’t sion you make comes with and conference calls, sending work in your co-op or condo? some type of risk. What that emails — it’s easy to forget about There are other options besides is and how you assess it is statutory authority. Don’t do it. In Zoom or gathering in person the focus of this session. this session, you’ll learn why. in one large room, and in this n What does risk mean, and n If boards are not meeting in session you’ll learn the creative should boards be risk-takers? person, do they have statutory method one co-op used. n What is a board decision with authority to vote virtually? n First, what are the circum- minimal risk, and one with a n Does the same authority stances where a virtual meet- lot of risk? pertain to both co-ops and ing might not be a good idea? n Boards are taking many condos? n Why not just postpone the actions during this pandemic n What about voting by email? annual meeting and election? period. How can they lower n Glatthaar details the creative the risk? Candidates to Elections: solution for hosting an in- n How does community poli- person annual meeting that Running a Tight Virtual Ship tics influence a board’s deci- one of his clients used. sion to take some risk? Dean Roberts, Member, Norris McLaughlin HOST: CAROL J. OTT What has the pandemic wrought? Many things — bad, and less bad — but in the co-op/ condo world it has ushered in virtual annual meetings. Running them comes in many 6 HABITAT Legal Learning Lab 2021 W W W. H A B I TAT M AG .C O M
LEGAL LEARNING LAB different flavors, and in this ses- When Dissenters RULES sion you’ll learn what works and Force an Election what doesn’t. Creating Safety n Before the annual meeting is Plans With Teeth held, you have to have can- didates for the board. How do you introduce candidates virtually? n There are usually lots of Steve Wagner, Partner, questions asked at annual Wagner, Berkow & Brandt meetings. How is this han- David Berkey, Partner, HOST: CAROL J. OTT dled virtually? Gallet Dreyer & Berkey n What are the most important When shareholders disagree HOST: CAROL J. OTT issues for boards considering with a board’s actions, they often The city and state have mandated virtual annual meetings? attempt to unseat current board that buildings create safety plans members at the annual election. and that co-ops and condos have Virtual Planning For co-ops that have decided to incorporate these into their For the Annual Meeting to delay their annual meeting operations. How to do that, how because of the pandemic, dis- to enforce compliance and what senters have some options to to do about rule-breakers is the force an election. In this session focus of this session. you’ll learn what they are. n What are the rules that boards n What are the two main need to focus on, and where options for shareholders who should they be written? want to force a board to hold Marc Schneider, Managing n What are the enforcement Partner, Schneider Buchel an annual election? challenges? n If aggrieved sharehold- HOST: CAROL J. OTT n And, finally, what are the ers want to pursue these Running a successful virtual risks of not enforcing? options, what’s required? annual meeting requires more n How should a board than a Zoom account. It takes respond, and what happens careful planning, not only to if they don’t? meet corporate requirements but also to take into account the added steps required. In this ses- sion you’ll learn what they are. n How are the planning requirements for notices, proxies, and candidates dif- ferent in a virtual meeting? n Are there any communi- ties where you think virtual wouldn’t work? n Practically speaking, who should run a virtual annual meeting? W W W. H A B I TAT M AG .C O M Legal Learning Lab 2021 HABITAT 7
LEGAL LEARNING LAB Proprietary Lease Updates: Living With Pets, Use Common Sense When Seize the Moment Like It or Not Policing Common Areas William McCracken, Partner, Geoffrey Mazel, Founding J. David Eldridge, Partner, Ganfer Shore Leeds & Zauderer Partner, Hankin & Mazel Taylor, Eldridge & Endres HOST: CAROL J. OTT HOST: CAROL J. OTT HOST: BILL MORRIS Every co-op board has been Even though many co-ops and When residents flout the rules advised to update its corpora- condos have no-pet policies, on the permitted uses of com- tion’s proprietary lease, and many pets live in these buildings. The mon areas, internecine feuds have done so. But with new ways reality is that boards have to can erupt. Boards often find of conducting business because come to grips with what’s going themselves in a delicate posi- of the pandemic, now may be the on today. How to do that is the tion: they need to be strict and time to take a second look. In this focus of this session. fair in enforcing the rules, but session you’ll learn why. n If no-pet buildings can now being overly strict can backfire. n What are some of the most have pets, what’s the point of This session will help boards important provisions that you a no-pet policy? navigate this tricky terrain. think need revisiting now? n What kind of pet policies n How does a board know n Updating proprietary leases should these buildings create? when it’s time to take an is a gargantuan effort And are they enforceable? offender to court? because you need com- n Does the right to a reason- n How can flexibility avert an munity buy-in. Does this able accommodation trump unwelcome outcome? moment make it easier? a person’s right to not live n When is it smarter to try to n Aside from making sure your around pets? work things out rather than proprietary lease aligns with digging in your heels? current law, what other areas should be codified in this document? 8 HABITAT Legal Learning Lab 2021 W W W. H A B I TAT M AG .C O M
LEGAL LEARNING LAB CONTRACTS Access Agreements; Apartment Alterations; Contracts; and Insurance STREAMING JANUARY 10 –16, 2021 ACCESS AGREEMENTS The Wild West of Access The Shifting Stakes in Ask Before Accessing Agreement Negotiations Neighborly Negotiations C. Jaye Berger, Prinicpal, Adam Finkelstein, Partner, Law Offices C. Jaye Berger Julie Schechter, Partner, Armstrong Teasdale Kagan Lubic Lepper HOST: CAROL J. OTT Finkelstein & Gold HOST: BILL MORRIS At some point in a building’s life, HOST: BILL MORRIS Negotiating a licensing agree- it’s going to need access to a ment with a neighboring prop- Access agreements with neigh- neighboring building, and the erty owner can be like a trip to boring buildings have taken same is true for the neighbor. the Wild Wild West. But even in on new wrinkles in the age of When this situation arises, it’s this unruly land, as you’ll learn COVID-19. In this session you’ll important to take the right steps in this session, there are ways learn to identify some of those so your co-op or condo is legally for co-op and condo boards to wrinkles and how boards can — and physically — protected. push back against a neighbor’s iron them out. What those steps are, and how extortionate demands. n What should boards do when to secure protections, is the n Has the decline in civility neighbors make unreason- focus of this session. between neighboring build- able demands? n First, when does this issue ings been exacerbated by n What’s the best way to tweak typically come up? the pandemic? access agreement deadlines n When a neighboring building n Is it important to be cre- and penalties in the wake of requests access, what are the ative and is it wise to be the construction shutdown? steps a board should take? accommodating during n Some open-air amenities n Where should boards be negotiations? — terraces, back yards, roof- particularly diligent in their n How can a board persuade tops — are now more prized access agreements? an extortionate neighbor to than ever. How has that be reasonable? affected negotiations? W W W. H A B I TAT M AG .C O M Legal Learning Lab 2021 HABITAT 9
LEGAL LEARNING LAB APARTMENT ALTERATIONS CONTRACTS INSURANCE The Power of the The Secret Sauce Who Insures What Alteration Agreement Of a Good Contract After a Major Fire? Leni Morrison Cummins, Richard Klein, Partner, Arthur Weinstein, Principal, Member, Cozen O’Connor Klein Greco & Associates Law Offices of Arthur Weinstein HOST: CAROL J. OTT HOST: BILL MORRIS HOST: BILL MORRIS Apartment alteration agree- Every capital improvement at a A calamitous event in a co-op ments were signed and renova- co-op or condominium involves can wind up pitting a share- tion work was started — and a signed contract with one or holder against the board. The big then in March 2020 it all came more vendors. In this session, question is: who’s responsible for to a dead halt. After the govern- you’ll learn about a common which repairs? And that question ment gave the restart signal, mistake many boards make can lead to many others. This one condo owner started work when signing these contracts — session will provide the answers. again despite the board’s safety and the secret to avoiding it. n Who pays to return a dam- concerns and objections. That’s n What is the nature of this aged apartment to its origi- when the power of the alteration common blunder? nal condition? agreement came into play, and n What can an attorney do to n Who pays the rent when resi- in this session you’ll learn how. help boards avoid it? dents are forced to relocate n Cummins was involved in a n How does a board benefit temporarily? situation where apartment from doing the right thing? n Should boards amend their renovations were halted. She proprietary lease to ensure explains what happened. that everyone is adequately n In general, can apartment insured? alteration agreements be amended after they have been signed? n If city and state guide- lines are violated and the Department of Buildings stops alteration work, who will be fined? 10 HABITAT Legal Learning Lab 2021 W W W. H A B I TAT M AG .C O M
LEGAL LEARNING LAB Catastrophes Haven’t When a Leak Is Leak Challenges: Taken a Holiday More Than a Leak Who Should Pay Ken Jacobs, Partner, Tom Smith, Partner, Ian Brandt, Partner, Smith Buss & Jacobs Smith Buss & Jacobs Wagner, Berkow & Brandt HOST: BILL MORRIS HOST: CAROL J. OTT HOST: CAROL J. OTT The day-to-day challenges that Ask insurance brokers what kind Let’s say an expensive floor is face co-op and condo boards of claim occurs most frequently destroyed because of an apart- haven’t vanished during the coro- in co-ops and condos, and they ment leak from an upstairs navirus pandemic. Catastrophic will tell you it’s leaks. The focus of neighbor. The shareholder events still happen — fires, leaks, this session is understanding how wants it repaired and replaced floods. This session lays out how ordinary claims become extraor- with the same flooring and boards should prepare for a dinary ones, and what boards turns to the co-op to do so. But catastrophe, and the right way to should be doing. the co-op’s insurance company deal with the aftermath. n You’ve got a client with leak says it will replace only what is n How important is it to keep problems that illustrate the “original” — and not the expen- everyone’s insurance policies point. Smith explains. sive flooring. That’s where pro- up-to-date — and pay close n Does insurance solve the prietary lease language comes attention to the fine print? problem? into play, and in this session n What are the first steps to take n How do you evaluate insur- you’ll learn why this typical after a catastrophe strikes? ance and legal questions when response should be challenged. n Is it wise to hire an insurance considering leak repairs? n When the co-op’s insurance adjuster to negotiate a better policy denies coverage, what settlement? should happen? n A co-op’s proprietary lease determines who has to pay for what. Brandt explains how and why. n How should the replacement responsibility be divided between a shareholder’s insurance policy and that of the co-op corporation? W W W. H A B I TAT M AG .C O M Legal Learning Lab 2021 HABITAT 11
LEGAL LEARNING LAB COMMUNITY Apartment Ownership; Arrears; Disruptive Behavior; Resident Concerns; and Sublets STREAMING JANUARY 17 –23, 2021 APARTMENT OWNERSHIP Orchestrating The Hunt: Next of Kin Trust Transfers: Apartment Closings What You Need to Know Deborah Koplovitz, Carly Clinton Davidoff, Shareholder, Anderson Kill Peter Massa, Partner, Associate, Adam Leitman Bailey HOST: CAROL J. OTT Armstrong Teasdale HOST: CAROL J. OTT HOST: CAROL J. OTT When a shareholder dies, a Apartment closings involve mul- co-op board’s fiduciary concern For co-op owners making estate tiple parties coming together in is that maintenance continues to plans, putting their apartments a small closing room — a prac- be paid. Things can get compli- into a trust can be an attractive tice that for many was stopped cated, though, when a disruptive option for their heirs. Boards in its tracks by the pandemic. family member remains in the have to approve such transfers, But apartment sales are impor- apartment. In this session you’ll and in this session you’ll learn tant, and there are many cre- learn just how complicated, and what this means and how to pro- ative ways to have a successful what steps a board can take. tect the co-op corporation. closing. How to orchestrate one n Koplovitz is dealing with this n What are the benefits for with all the various players is the situation now, and she tells co-op owners who put their focus of this session. us what happened. shares in a trust? n First, who needs to be at an n The Tenant Protection Act n How can a board accom- apartment closing, and what has changed what the legal modate such requests are their roles? options are for a board. What and still protect the co-op n What are the steps to cho- are these changes, and why corporation? reographing a closing out- does it matter? n Is there any reason why a side of one room? n Are there any protections board wouldn’t accommo- n Who coordinates all these a board can put in place date these requests? moving parts and how does to avoid these types of that get done? situations? 12 HABITAT Legal Learning Lab 2021 W W W. H A B I TAT M AG .C O M
LEGAL LEARNING LAB Co-op Owned revenue stream slows down n Can the mere threat of bring- Apartments: A Unique or dries up, bills can’t be paid. ing a “Pullman” eviction pro- Business Decision Staying on top of collections in ceeding make a disruptive today’s environment is challeng- co-op shareholder reform? ing, and this session focuses on n What can a board do when what boards need to do. a resident becomes a self- n How has dealing with arrears anointed enforcer of the changed since the Tenant house rules? Protection Act was passed? n Can condo boards use the Andrew Stern, Partner, n Are grace periods for late right of first refusal to get rid Tane Waterman & Wurtzel payers stipulated by the of disruptive subletters? Tenant Protection Act? HOST: CAROL J. OTT n If you want to work out a pay- How to Handle Some co-ops have taken apart- ment plan with someone in Intolerable Behavior ments back through litigation, arrears, what are the ways to satisfaction of a debt or pur- do it? chase from an estate — and then earned income by renting DISRUPTIVE BEHAVIOR them. With money tight today, the prospect of selling these The Tools for Taming assets is attractive. This session Unruly Residents Emanuela Lupu-Ferrante, focuses on the question: How Partner, Smith Buss & Jacobs do you get the renters out? HOST: CAROL J. OTT n Is there a business solution to this problem? Behavior that was problematic n What does a co-op have to when you went to an office has be careful of? turned insufferable when you’re n What kind of offer can be Adam Leitman Bailey, Founding home full time. How to deal with made, and how do you do it? Partner, Adam Leitman Bailey these disruptive individuals is HOST: BILL MORRIS often complex, and this session ARREARS With so many New Yorkers focuses on today’s strategies. n What kind of behavior is Collections: New Laws, stuck in their apartments, either objectionable, and what New Challenges working from home or not did boards do about it working at all, there have been pre-pandemic? numerous reports of erratic, n Now that we’re in the midst unruly behavior, even by New of the pandemic, how is this York standards. In this session behavior handled? you’ll learn how boards can n What about Article 81 guard- tame disruptive residents. ianships, Adult Protective Christopher Tumulty, Partner, Services and the courts? Tarter Krinsky & Drogin HOST: CAROL J. OTT Co-op and condo budgets are dependent on the collection of monthly fees, and when that W W W. H A B I TAT M AG .C O M Legal Learning Lab 2021 HABITAT 13
LEGAL LEARNING LAB Dealing With Neighbor Disputes: RESIDENT CONCERNS Rule-Breakers You Might Have To How to Handle Get Involved COVID-19 Deaths Michael Manzi, Partner, Smith Gambrell & Russell Stanley Somer, Managing Partner, Somer & Heller Helene Hartig, Principal, HOST: CAROL J. OTT Helene W. Hartig Law Offices HOST: CAROL J. OTT There are lots of stories about HOST: CAROL J. OTT that shareholder or unit-owner When neighbors complain about Many co-ops and condos have who flouts building rules. What neighbors, the situation can eas- had residents die from COVID- can a board do? This session’s ily escalate. Everyone wants the 19. When they die in their apart- focus is on curbing the rule- situation resolved, but usually a ments, a whole host of issues breaker, and the fines and fees board — or a building owner, for crop up. This session explores that could help. that matter — doesn’t weigh in. what these are and how to han- n It’s easy to adopt a new rule, That could change, because of a dle them. but where should it exist in case that’s now being litigated. n Some of your clients have the governing structure in This session will explain what’s gone through this. Hartig order to be enforced? going on. explains what happened. n If someone breaks a rule, n Somer explains the dis- n What are the corporate issues what can a board do to get pute between Tenant A and a board has to deal with? the attention of the rule- Tenant B. n Is there anything a board breaker and then change the n What has been the legal jour- should do proactively in behavior? ney of this dispute? anticipation of having to deal n Regarding fines, how do you n If Tenant B prevails, what will with this type of event? set them, how do you collect this mean for boards and them, and what is the rela- landlords? tionship between an infrac- tion and a fine? 14 HABITAT Legal Learning Lab 2021 W W W. H A B I TAT M AG .C O M
LEGAL LEARNING LAB The Humane Way to Deal or condo become ill. But some- many co-ops severely restrict With At-Risk Residents times boards are called upon to the practice. Is it time to revisit step up and do the right thing the sublet policy? — both morally and legally. One n What are the sublet pros and board faced this situation head cons in most co-ops? on, and in this session you’ll learn n In this environment, should how the board met the needs of boards adjust their sublet a dying shareholder while ensur- policies, and if so, how? Lisa Radetsky, Partner, ing that others were safe. n Can a board allow more sub- Phillips Nizer n What was the situation, and lets for a specific period of how did the board learn time? HOST: BILL MORRIS about it? COVID-19 has put added stress n What kind of arrangements Reining In Out-of- on everyone in the city — but were made? Control Sublets especially on at-risk residents n Were there any legal issues who were having trouble tak- surrounding these actions? ing care of themselves before the pandemic hit. In this ses- SUBLETS sion, you’ll learn the humane and effective way to deal with Revisiting Your incompetent residents and Sublet Policy Seth Sahr, Partner, make sure that they and all resi- Novitt Sahr & Snow dents remain safe. HOST: CAROL J. OTT n What are the three places to turn for help? When sublets get out of hand n Are there limits on the legal in a co-op, big problems can options available to co-op occur. How to respond when and condo boards? Phyllis Weisberg, Partner, that situation arises is the focus n How can a condo board suc- Armstrong Teasdale of this session. cessfully relocate a danger- HOST: CAROL J. OTT n What is the financial fallout ous resident? for a co-op if sublets grow In a recent survey of Habitat too numerous? board readers, 70% reported When COVID-19 a drop in occupancy levels n Do boards have a right to Comes Home control sublets? If so, what because of the pandemic. governs that right? Owners might return, or they n What are some tried-and- might take a wait-and-see true methods for controlling stance. Subletting is the ulti- sublets? mate way to wait and see, but Dennis Greenstein, Partner, Seyfarth Shaw HOST: CAROL J. OTT COVID-19 is scary, particularly when neighbors in your co-op W W W. H A B I TAT M AG .C O M Legal Learning Lab 2021 HABITAT 15
LEGAL LEARNING LAB Empty Pockets: FUTURE How to Find Lost Income Commercial Income; Co-op Turnaround; and Looking Ahead STREAMING JANUARY 24 –31, 2021 Allen Brill, Partner, Brill & Meisel HOST: CAROL J. OTT The co-op says to its commercial COMMERCIAL INCOME tenant, “Look, if I don’t get money, I can’t pay my bills.” And the ten- Navigating the Commercial Time to Partner Up With ant says, “If I don’t have custom- Tenant Conundrum Commercial Tenants? ers, I don’t have the money to pay you.” This is the pandemic stand- off for many boards with com- mercial tenants. How boards are pushing through to find money to pay their building’s bills is the focus of this session. Andrew Brucker, Partner, Howard Schechter, Partner, n What are your clients with Armstrong Teasdale Armstrong Teasdale commercial space facing as HOST: CAROL J. OTT HOST: CAROL J. OTT the pandemic continues? COVID-19 has affected commer- Pre-COVID-19, co-ops and con- n If leases can be renegotiated, cial space in New York big time. dos that had commercial ten- what are some of the more But even before the pandemic, ants often saw a nice boost to common options, and how co-ops and condos had unique their bottom line. For many, that do these work? problems when renting commer- boost has been wiped out, and n In the interim, what can a cial space. How to think about boards are asking: What now? co-op or condo do to stay commercial space and who In this session you’ll learn if this solvent? might occupy it in the future is is the time to partner with your n How do you see the land- the focus of this session. commercial tenant. scape for commercial space n Are the general concepts of n What does partnering mean? in the future? renting commercial space n How should a board evaluate the same for a co-op/condo its commercial rent situation? as they are for a commercial n Moving forward, how do you landlord? make the correct business n What are the main areas of decision? concern that a board should pay attention to when rent- ing commercial space? n For those buildings with vacant commercial space, what will the future look like? 16 HABITAT Legal Learning Lab 2021 W W W. H A B I TAT M AG .C O M
LEGAL LEARNING LAB CO-OP TURNAROUND LOOKING AHEAD A Silver Lining to These Dark Times It Takes a New Team Building Aesthetics: The COVID-19 Impact Steven Sladkus, Partner, Matthew Goldberg, Schwartz Sladkus Reich Partner, Hankin & Mazel Dale J. Degenshein, Partner, Greenberg Atlas HOST: BILL MORRIS Armstrong Teasdale HOST: BILL MORRIS HOST: CAROL J. OTT Stories of tortured co-ops Everyone talks about the can have happy endings. One Many boards are worried about trauma, expense and inconve- such story unfolded recently in their building’s economics nience brought on by the coro- Corona, Queens, where a co-op and the value of apartments. navirus pandemic. It’s rare to facing foreclosure managed to Although it may seem counter- hear about the positive things turn itself around. This session intuitive, upping curbside that have emerged in co-ops will reveal how the board did it. appeal may be one way of sta- and condominiums. This session n Is it wise to keep monthly bilizing, and even enhancing, focuses on the silver lining to maintenance artificially low? value. This session addresses these stormy times. n What are the benefits of a the question: Is now the right n What has been the typical transfusion of new blood on time to do this? reaction when a resident the board — and a new man- n It’s a down market. Why contracts COVID-19? agement company? would upgrading public n Are boards more willing to n How do you educate share- spaces make sense? work with residents and com- holders so they understand n How has the pandemic mercial tenants who fall into the need for a maintenance affected the upgrade arrears? increase to balance the process? n The big question: Will this budget? n Do boards need to be con- compassion live on? cerned about the supplies used in the upgrade? W W W. H A B I TAT M AG .C O M Legal Learning Lab 2021 HABITAT 17
LEGAL LEARNING LAB Prepare Now for a Crystal Ball: Chilly Economic Future What Lies Ahead Theresa Racht, Partner, Stewart Wurtzel, Partner, Theresa Racht, Esq. Tane Waterman & Wurtzel HOST: BILL MORRIS HOST: CAROL J. OTT The coronavirus crisis has taxed Coping with the tumult of the co-op and condo boards and pandemic year has been chal- their management companies lenging, but 2021 is just around in unimaginable ways, but the the corner, and boards need to full economic fallout has not yet prepare. The question is: Where been felt. In this session, you’ll to start? This session focuses on learn ways to prepare for an some key areas that will affect uncertain — but certainly chilly your bottom line in the future. — economic future. n What are some of the major n Should boards be tough budget areas that might or forgiving on collecting cause concern? arrears? n What effect will litigation — n With so many people leaving or the lack thereof — have on the city, is it time to review a building’s financial health? sublet policies? n What kinds of communica- n Should boards strive to hold tion to residents will be on to commercial tenants, necessary? even if they’re having trouble paying their rent? 18 HABITAT Legal Learning Lab 2021 W W W. H A B I TAT M AG .C O M
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