Q&A Q&A: How Should Boards Operate?
2019 June Q&A: How Should Boards Operate?

Q. I live in a New York City co-op and would like to understand exactly what the legal responsibilities of board members are. Our board has not posted board meeting minutes for a few years (although annual meeting minutes are distributed …

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Q&A Q&A: Proving Non-Resident Status
2019 June Q&A: Proving Non-Resident Status

Q. We have a problem with a shareholder circumventing sublet rules by claiming that the occupant of their unit is a ‘roommate.’ The actual shareholder does not live here, but she shows up occasionally and sits on the stoop to make her pre…

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Q&A Q&A: Problem Neighbor
2019 June Q&A: Problem Neighbor

Q. I have written several complaint letters to the board and the managing agent regarding a noisy neighbor. They did send a letter to the shareholders about a year ago, but the problem persists. Although I continue to write letters, nothi…

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Real Estate Trends The Cooperator Expo New York
2019 June The Cooperator Expo New York

As they have for nearly two decades, crowds of managers, board members, co-op/condo residents, building owners, and multifamily service providers of all stripes converged on New York Hilton Midtown on April 11th for the spring edition of Th…

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Law & Legislation Vetting Prospective Buyers
2019 June Vetting Prospective Buyers

Buying an apartment in New York City isn’t just a matter of finding the right unit and qualifying for a mortgage. In the case of a co-op, it’s also a matter of passing muster with the board. And even for a condominium world today, prospecti…

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Law & Legislation Board Misconduct
2019 June Board Misconduct

Everyone – including the boards and managers of community associations – inevitably makes mistakes, or is guilty of using poor judgment. And while it’s very unlikely that every member of a community will commit outright illegal acts, it’s a…

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Law & Legislation Governing by the Book
2019 June Governing by the Book

Most newly-elected condo or co-op board members aren’t experts in running a multifamily building or development. They may be eager, enthusiastic, and committed to serving their community. But they also probably have little idea of how to do…

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