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@Habitatmag

Habitat is where NYC co-op and condo board directors can learn what they need to do to govern their buildings.

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habitatmag.com > Publication-Content > Legal-Financial > 2026 > August-2026 > co-op-deductible-resolution-controversy

Co-op and condo boards shift deductible costs to owners

1+ week, 6+ day ago   (342+ words) New York's Cooperative and Condominium Community Frank Lovece in Legal/Financial on August 31, 2026 For years, when a co-op or condo board filed a claim under its master insurance policy, the deductible was simply another shared expense. It was paid from…...