
Cnyc Inc
The Council of New York Cooperatives & Condominiums, CNYC, is a membership organization dedicated to SUPPORT HOUSING COOPERATIVES AND CONDOMINIUMS

Founded
1976
61
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New York City
Council of New York Cooperatives and Condominiums Posted February 28 2025 CORPORATE TRANSPARENCY ACT COMPLIANCE SUSPENDED AGAIN FinCEN TO ISSUE NEW RULES BY MARCH 21st Last night the US Treasury Departments Financial Crimes Enforcement Network FinCEN issued an update stating that it will not issue fines or penalties for failing to comply with the Beneficial Ownership Information Reporting Deadline which was March 21st until new rules are issued. FinCEN expects to issue the new rules prior to March 21st and have a public comment period before finalizing the new rules and a new BOI filing deadline. CNYC will continue to make every effort to have housing cooperatives condominiums and home owner associations exempted from the filing requirement. Posted February 20 2025 CORPORATE TRANSPARENCY ACT IS BACK.
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Thanks to Councilwoman Carlina Rivera ε©θ―ε¨ for spreading the word. CNYC will host a second training session March 20 at 6pm on Zoom to introduce co-op and condo board members and property managers to the free LL97 Decarbonization Pathway Tool developed pro-bono by JB&B's Deep Carbon Reduction Group. Join us - You'll leave with an understanding of how to utilize your energy audit, and an increased understanding of how different projects can impact your energy costs and your local law 97 status.
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Are you interested in advocating for your rights as a co-op/condo homeowner. Do you want to hear how other boards are coping with increased operating and capital costs. Are you aware of the pending legislation that will likely impact the operation of your co-op/condo over the next few years.
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