Steven Troup

Of Counsel

P 212.216.8020   F 212.216.8001
1350 Broadway
New York, NY 10018

 
P 212.216.8020   F 212.216.8001   stroup@tarterkrinsky.com

Steve Troup chaired the Cooperative and Condominium practice. As counsel to approximately 60 residential and mixed-use cooperative corporations and condominium associations, he advises on cooperative and condominium law, governance issues, construction issues, financing and litigation, arbitration and mediation. Steve also represents clients in the purchase, sale and financing of residential and commercial properties.

Acting as a trusted advisor, Steve counsels small businesses, serving their contract, financing, corporate and related needs.

A trained mediator, Steve serves on the panel of the Co-op/Condo Dispute Resolution Project of the New York City Bar Association. Steve also conducts private mediation work.

Representative Matters:

  • Obtained full insurance coverage and an award of all attorneys’ fees for a co-op client from five carriers in a complex intentional tort litigation
  • Negotiated significant concessions from an investor who bought co-op apartments in bulk
  • Successfully navigated a sponsor default that resulted in his co-op client obtaining 16 previously sponsor-owned apartments without payment
  • Represented numerous clients in connection with the purchase of high-end residential Manhattan properties in excess of $30 million.

 

Community Involvement
  • Steve serves as special counsel regarding various issues for The Children’s Village in Dobbs Ferry, New York, a 100+ year old nonprofit agency providing services to children and families, and also mentors young boys with learning and emotional disabilities
  • Steve was an instructor at Pratt Institute, Evening Division, teaching cooperative and condominium law (1986 and 1989)
  • Member and Counsel, Save the Inn, a committee of private citizens which won a reversal of opinion by the County Commissioners and County Engineer of Delaware County, New York, to revise a proposed bridge replacement project and saved a 200 year old mill turned bed and breakfast, Halcottsville, New York (2008-2010)
  • President, boards of directors of three different housing co-ops (1985-2009)
Education
  • New York Law School, J.D. 1980
  • The Ohio State University, B.A. 1977
Admissions
  • New York
  • U.S. Supreme Court
  • U.S. Court of Appeals for the Second Circuit
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York
Community Involvement
  • Steve serves as special counsel regarding various issues for The Children’s Village in Dobbs Ferry, New York, a 100+ year old nonprofit agency providing services to children and families, and also mentors young boys with learning and emotional disabilities
  • Steve was an instructor at Pratt Institute, Evening Division, teaching cooperative and condominium law (1986 and 1989)
  • Member and Counsel, Save the Inn, a committee of private citizens which won a reversal of opinion by the County Commissioners and County Engineer of Delaware County, New York, to revise a proposed bridge replacement project and saved a 200 year old mill turned bed and breakfast, Halcottsville, New York (2008-2010)
  • President, boards of directors of three different housing co-ops (1985-2009)
Memberships
  • New York City Bar Association, Cooperative and Condominium Law Committee (2012-2014 and 2016-present), and Alternative Dispute Resolution Committee (2009-2015)
  • New York City Bar Association, Co-op/Condo-Alternate Dispute Resolution Subcommittee (2009-2014)
  • New York State Bar Association, Real Property Committee and Cooperative and Condominium Subcommittee (1995-present)
  • New York County Bar Association (1981-present)
  • Certified mediator, New York Supreme Court, Commercial Division (2014-2017)
Articles
  • “The Stuff of Nightmares,” Habitat Magazine, 2014
  • “The Ultimate Do It Yourself Project,” The Cooperator, 2013
  • “Unfairly Charged,” The Cooperator, 2013
  • Real Estate Q&A Section, New York Times, Numerous, 2004-2012
  • Mind Your Manners, Mr. Board President
  • Tenants Who Leave Early: Do Not Assume You Can Avoid the Rent, The TKD Advisor
  • Second-Hand Tobacco Smoke in Residential Apartments, The TKD Advisor
Speaking Engagements
  • Strategic Steps for Growth, Young Media Companies, New York University, 2013
  • NYC Office Condominium Market Overview, Bank of America, 2011
  • Co-op and Condo Law Update, NYS Society of CPA,s, Manhattan Branch, 2011

What I do when not practicing law:
Steve and his wife Debbie are avid skiers, hikers, bicyclists and travelers.

News

Events

  • Our Top 10 Legal Alerts from 2019

    As we start a new year, we would like to share with you some of our most popular legal alerts from 2019.

    Our top-read alerts range from construction, labor & employment, tax, immigration, trusts & estates, cooperatives & condominiums, real estate, corporate & securities, litigation and intellectual property, reflecting the broad array of our full-service practice. We hope that our alerts have been valuable to you and your colleagues, and demonstrate our commitment to providing helpful information to you.

  • Tarter Krinsky & Drogin’s Top 10 Legal Alerts from the First Half of 2019

    As we head into summer, we would like to share with you some of our most popular legal alerts from the first half of 2019.

    Our top-read alerts range from construction, labor and employment, tax, corporate and securities, immigration, cooperatives and condominiums, commercial leasing, real estate, litigation and intellectual property, reflecting the broad array of our full-service practice. We hope that our alerts have been valuable to you and your colleagues, and demonstrate our commitment to providing helpful information to you.

  • New York State Appellate Court Decision Puts Many Co-ops’ Ability to Recover Attorneys’ Fees in Jeopardy

    Late last year, the New York State Supreme Court, Appellate Division, First Department issued a decision regarding the enforceability of an attorneys’ fees provision in a Manhattan cooperative’s proprietary lease. In its decision in Krodel v. Amalgamated Dwellings Inc., the Appellate Division found that the attorneys’ fees provision was unenforceable to the extent that it allowed the co-op to recover attorneys’ fees from a tenant if the tenant commenced an action against the co-op, regardless of whether the co-op was or was not in default.

  • Steve Troup Authors Article for Habitat Magazine on Rights of Shareholders and Unit-Owners to Inspect Books and Records

    Steve Troup authored the article, “When Owners Want a Peek Behind the Curtain… Make Sure Nothing Scandalous Gets Out” for Habitat magazine. In the article, Steve explained that there are documents that must be turned over to shareholders or unit-owners of co-ops or condos if requested in good faith.

Education
  • New York Law School, J.D. 1980
  • The Ohio State University, B.A. 1977
Admissions
  • New York
  • U.S. Supreme Court
  • U.S. Court of Appeals for the Second Circuit
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York
Memberships
  • New York City Bar Association, Cooperative and Condominium Law Committee (2012-2014 and 2016-present), and Alternative Dispute Resolution Committee (2009-2015)
  • New York City Bar Association, Co-op/Condo-Alternate Dispute Resolution Subcommittee (2009-2014)
  • New York State Bar Association, Real Property Committee and Cooperative and Condominium Subcommittee (1995-present)
  • New York County Bar Association (1981-present)
  • Certified mediator, New York Supreme Court, Commercial Division (2014-2017)
Articles
  • “The Stuff of Nightmares,” Habitat Magazine, 2014
  • “The Ultimate Do It Yourself Project,” The Cooperator, 2013
  • “Unfairly Charged,” The Cooperator, 2013
  • Real Estate Q&A Section, New York Times, Numerous, 2004-2012
  • Mind Your Manners, Mr. Board President
  • Tenants Who Leave Early: Do Not Assume You Can Avoid the Rent, The TKD Advisor
  • Second-Hand Tobacco Smoke in Residential Apartments, The TKD Advisor
Speaking Engagements
  • Strategic Steps for Growth, Young Media Companies, New York University, 2013
  • NYC Office Condominium Market Overview, Bank of America, 2011
  • Co-op and Condo Law Update, NYS Society of CPA,s, Manhattan Branch, 2011

Steven Troup

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