Law & Legislation Roommates and Boarders in Co-ops
Roommates and Boarders in Co-ops

Co-op residents are used to restrictions on who may live in their unit, for how long, and with whom. Thanks to the proprietary lease, boards have extensive power over these issues, and generally forbid practices including subletting - the m…

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Q&A Q&A: Leasing a Commercial Space to a Board Member
2019 August Q&A: Leasing a Commercial Space to a Board Member

Q. I am a shareholder in a co-op in Brooklyn. It has come to my attention that the board of the building has plans to develop some commercial space in our building and rent it to another board member. Management has distributed letters to…

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Q&A Q&A: Can Bike Fees Be Imposed on Existing Owners?
2019 August Q&A: Can Bike Fees Be Imposed on Existing Owners?

Q. My family have stored our bikes in our co-op basement for years at no charge. Now the board and management have decided to impose a large fee for each bike, including for existing owners. We asked the board to tell us on what citation/…

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Insurance Warranties and  Service Agreements
2019 August Warranties and Service Agreements

As in life, there are no guarantees when it comes to building systems, parts, and components. But unlike life, there are warranties and service agreements to ease the pain when something breaks down, gets damaged, or proves to be defective.…

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Insurance Combatting  Kickbacks
2019 August Combatting Kickbacks

Running a community association can be – and often is – stressful enough without the added issue of people in a position of power in the community using that position for personal gain in the form of kickbacks. Whether the offender is a sup…

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Insurance Directors and Officers Insurance
2019 August Directors and Officers Insurance

At the heart of volunteerism is the notion of doing something for the common good. For many, choosing to live in a co-op or condo community is also choosing volunteerism – specifically, volunteering for board service. But within that sense …

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