Cooperatives and
Condominiums
As general counsel to numerous co-ops and condos, we navigate the intricacies of corporate governance, facilitate financing and refinancing with an extensive network of financial institutions, and address a myriad of legal and transactional needs unique to co-op and condo communities.
What sets us apart?
We boast years of experience in commercial finance, insurance, landlord-tenant disputes, construction matters, housing discrimination, tax certiorari, and labor and employment law in New York City and Long Island.
Collaboration is key. Our litigation and transaction practice seamlessly integrates with our co-op and condominium practice to swiftly resolve client challenges, prioritizing cost-effectiveness throughout.
Count on us for:
Preparing and serving notices to cure lease defaults, including non-payment of maintenance and violations of house rules
Guiding co-ops and condos toward sound financial health, liaising with financial institutions and stakeholders
Crafting financially sustainable budgets, refinancing high-interest mortgages, and securing funding for major structural repairs
Collaborating with financial institutions like National Cooperative Bank to optimize co-op underlying mortgages, reducing interest costs and bolstering reserves
At The Foote Firm, we resolve common co-op and condo complaints—noise, smoke/odors, and house rule violations—with efficacy and finesse, fostering a harmonious community environment.