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…
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/…
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.…
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…
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 …
Wildlife is great, but nobody wants it in their home - especially not in the form of pests like insects or rodents. Figuring out which pest-control products and methods are best for a multifamily building or HOA is the job of professional e…
Despite being a frequent target of controversy , the Airbnb brand has flourished as apartment dwellers embracing the sharing economy have started making extra cash by renting out their units in short-term intervals. It now ap…
Located at 575 Park Avenue, the Beekman, a co-op that sits at the heart of one of the most exclusive, expensive and sought-after neighborhoods in the world. How expensive? Well, two-bedroom apartments in the Beekman can command $2 million a…
A group of residents from a Chelsea condo took an unusual approach to protect their views from being blocked by a proposed neighboring residential tower that developer Extell wanted to build. Rather than suing, the condo owners paid Extell…
Many co-op and condominium buildings consider themselves fortunate to have income-producing commercial tenants on their ground floor. More often than not, these tenants are medical professionals: doctors, dentists, small outpatient treatmen…