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News
Co-op and condo boards shift deductible costs to owners
11+ hour, 5+ min 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…...
Condo Rules Tighten: Higher Reserves, Stricter Lending, Some Insurance Relief
5+ mon, 6+ day ago (530+ words) Condos Must Hold Bigger Reserve Funds Under New Lending Guidelines Habitat Magazine Condos Must Hold Bigger Reserve Funds Under New Lending Guidelines Emily Myers in Bricks & Bucks New Fannie Mae and Freddie Mac rules will require condos to boost reserves…...