With an estimated population of 8,336,817, New York, NY is the most populous city in the state of New York as well as the entire United States. The city has many nicknames such as “The Big Apple,” “The City That Never Sleeps,” “The City So Nice They Named It Twice,” “and “The Greatest City in the World.” New York City, often referred to simply as NYC, is also famous for its financial district, tourist attractions, and skyline.
New York City has a thriving economy, a diverse arts and culture scene, and a vibrant nightlife. It is home to world-famous sites and landmarks such as the Statue of Liberty, the Empire State Building, the Metropolitan Museum of Art, the Museum of Modern Art, and Rockefeller Center. Colleges and universities located in NYC include Columbia University and New York University.
Other notable places in NYC include Times Square, the Broadway Theater District, the High Line, the Brooklyn Bridge, One World Trade Center, Grand Central Terminal, the Guggenheim Museum, 5th Avenue, the Flatiron Building, and Chelsea Market. Among the many parks in the city, some of the most recognizable are Central Park, Bryant Park, the Battery, Prospect Park, and Washington Square Park.
Like it or not, homeowners associations are open to a plethora of legal risks. From irregularities in your governing documents and selective enforcement to a violation of fiduciary duty and amenities that are not up to code, HOA communities can encounter liability in a number of ways. This is why homeowners associations need liability insurance and D&O insurance.
However, insurance is typically used after something has already happened. To avoid legal problems in the first place, it is essential to hire a New York, NY HOA attorney to examine the legal risks your HOA might face. Plus, when these problems arise, you need an experienced and competent professional by your side. Again, this is where an HOA lawyer in New York, NY comes in.