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Board Operations When Co-Op Interviews Get Invasive
When Co-Op Interviews Get Invasive

Interviews of all stripes are notoriously nerve-wracking for those being placed under scrutiny. Even mundane details about one's hobbies and interests can seem like daunting reveals when confronted by a stranger in an uncomfortable setting.…

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Q&A Q&A: Can a Co-Op Board Reject the Sale of a Unit?
2017 February Q&A: Can a Co-Op Board Reject the Sale of a Unit?

Q. Can you tell me if it is legal for a co-op board to turn down the sale of a unit because they think the selling price is too low? The appraisal from a well-known real estate appraiser was much lower than the contract price. However, th…

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Board Operations The Best Boards
2017 February The Best Boards

Until you factor in the people who make up the community and culture within it, a building is only a structural space. Residents, owners, maintenance workers, vendors, superintendents and porters all contribute to this culture, but few elem…

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Board Operations Directors & Officers Coverage
2017 February Directors & Officers Coverage

When co-op and condo residents agree to serve as board members, some don’t understand the full implications of their service. Governing even a small building or association requires making decisions that can involve hundreds of thousands of…

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Buying & Selling Rules of Disclosure
2017 February Rules of Disclosure

Home sales rarely if ever happen sight-unseen, and condominium and cooperative units are no exception. When purchasing a lived-in space from its previous owner, a buyer may expect to receive certain pertinent information that could impact t…

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