Last December, DNAinfo published a story about the board of Dayton Beach Park, an affordable housing co-op in Rockaway Beach, that reportedly signed off on the purchase of thousands of dollars' worth of kitchen appliances for two of its…
Q. If a couple is married, but only one of their names appears on the lease, are they both still considered shareholders? Do they both have voting rights? On a related note, according to the bylaws of my building: “nominations for direc…
Q. My co-op has not had an election of new board members in over 20 years. The president sends a notice of the annual meeting--’come for coffee and donuts’-- but never mentions there is an election due. Now she is holding the annual meeti…
Q. Is ordinance or law insurance required in New York State for co-ops? I am being turned down for refinancing my mortgage because our building does not have this insurance. Is it mandated for co-ops? They have all other required insuranc…
New York is and has always been a city that celebrates reinvention and change, and that storied reputation has attracted generations of tastemakers. Interior design is one of the city’s largest talent pools and taking advantage of this valu…
The Obamas are leaving the White House, at least some of the Trumps will be moving in, and federal agencies have until mid-January to implement the outgoing administration’s policies and directives before the tide moves in what may be a ver…
In the wake of the recession and facing an uncertain economic climate on the heels of a tumultuous presidential election, condo, co-op, and HOA boards may instinctively want to pinch pennies where they can, especially when it comes to maint…
Once again, the New York City market is on an upswing as far as condos and co-ops are concerned. The days of the 2007-08 recession seem to be behind us at last, and professionals don’t foresee that trend changing much in the year ahead. “I…
It happens infrequently, but when it does, it can be an enormous challenge: a co-op corporation or condo development has a long-running squabble with the building sponsor/developer, falls victim to long-term mishandling of funds – or outrig…