Manhattan board governance follows NY Real Property Law Article 9-B (condos) or NY Business Corporation Law Article 4 (co-ops), NOT traditional HOA law.
New York County housing is dominated by condominiums and cooperative corporations, not traditional homeowner associations. Condominium boards operate under NY Real Property Law Article 9-B (the Condominium Act) plus the building declaration and bylaws. Cooperative boards are governed by NY Business Corporation Law (BCL) Article 4 because co-ops are corporations whose shareholders receive proprietary leases rather than deeded ownership. Board elections, meeting notice, quorum, and voting rules are set by each building bylaws but must comply with these governing statutes. Co-op boards famously have broad discretion to approve or reject buyers, subject only to anti-discrimination law. Condo boards typically have only a right of first refusal. Boards must keep minutes, maintain financial records, and provide access to owners or shareholders on reasonable request.
Contact your local code enforcement office for specific penalty information.
See how New York County's board procedures rules stack up against other locations.
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