Tag Archives: Eric Gonchar

FACADE INSPECTION SAFETY PROGRAM INCREASES SCAFFOLDING ON NYC BUILDINGS

It seems like there is scaffolding around almost every building New York City building. New York City’s “Façade Inspection Safety Program” (FISP), previously known as Local Law 11, requires that owners of buildings with more than six stories above grade have their exterior walls and appurtenances inspected per a prescribed reporting schedule. Over time, exposure to

SENDING OUT MULTIPLE CONTRACTS OF SALE TO TWO OR MORE PURCHASERS*

© Eric P. Gonchar. All rights reserved. No portion of this article may be reproduced without the expressed written permission of Eric P. Gonchar. Can a seller send out multiple contracts of sale to two or more purchasers when selling an apartment or house? This has been a long standing debated issue in real estate

CO-OP BOARD DENIALS: A GUIDELINE*

© Eric P. Gonchar. All rights reserved. No portion of this article may be reproduced without the expressed written permission of Eric P. Gonchar. Unfortunately, co-op Board discretionary decisions to approve or deny a Purchaser admission in a coop still exists. Purchasers still face denials for admission to coop buildings. There was a time when

HIRING A MANAGING AGENT FOR YOUR CO-OP OR CONDO*

© Eric P. Gonchar. All rights reserved. No portion of this article may be reproduced without the expressed written permission of Eric P. Gonchar. Hiring or replacing a managing agent or management company for your co-op or condo can have a very significant impact on a building’s operations. Choosing the right management company can be

NEW HEATING LAW CHANGES IN NYC*

© Eric P. Gonchar. All rights reserved. No portion of this article may be reproduced without the expressed written permission of Eric P. Gonchar. On October 1, 2017, a change to the NYC heating regulations will go into effect when the heating season begins. The new regulations require owners of buildings with central heating to

FinCEN EXTENDS AND BROADENS REAL ESTATE PURCHASE DISCLOSURES*

© Eric P. Gonchar. All rights reserved. No portion of this article may be reproduced without the expressed written permission of Eric P. Gonchar. The Financial Crimes Enforcement Network (“FinCEN”) is a bureau of the United States Department of Treasury.  FinCEN’s mission statement is “to safeguard the financial system from illicit use and combat money