A Parking Problem That Landed a Board in Court
Unable to add items
Add to basket failed.
Add to wishlist failed.
Failed to remove from Wish List.
Adding to library failed
Unable to follow podcast
Unable to unfollow podcast
A Parking Problem That Landed a Board in Court
-
Narrated by:
-
By:
Send us Fan Mail
When a co-op board grew frustrated with a parking garage tenant overstepping its limits, a routine notice of default seemed like the obvious fix. Instead, it triggered a lawsuit and a costly lesson in New York's unforgiving procedural rules. Drew Pakett, partner at Braverman Greenspun, walks through what happens when commercial tenants push back against default notices, why "sweetheart leases" make tenants fight harder to stay put, and how a single missing paragraph can sink a board's case in court. Pakett breaks down the real purpose of a Yellowstone injunction and what boards should do before serving any default notice. Habitat's Emily Myers conducts the interview.
The business of running a building is demanding work that requires making endless decisions — some that can quickly lead your board into a quagmire of legal difficulties. Legal Talk interviews New York's leading co-op/condo attorneys to find solutions, and get some guidance, on these challenges. For more co-op and condo insights, sign up to receive Habitat's free newsletters or become a Habitat subscriber today!
