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Board Operations The Democratic Way
2013 August The Democratic Way

Freelance photographer Jocelyn A. lives in a charming, post-war brick townhouse community of over 1,600 units and a $3 million annual budget. She receives a monthly newsletter with over 20 pages of everything to keep residents informed,…

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Board Operations This Old Board
2013 August This Old Board

Being on a board of a condo or co-op is no picnic. There are tons of decisions to be made, disputes to settle, finances to keep track of and a chance of being sued for a slip-up. So why do so many people decide to serve on a board—some …

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Board Operations Get to Know Your Board
2013 August Get to Know Your Board

Most co-op and condo residents have taken part in at least a few annual board elections, and perhaps, they’ve even served on committees, or volunteered on behalf of their building in some other capacity. But those who’ve never taken a s…

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Insurance Understanding Your Insurance Policy's Fine-Print
2013 August Understanding Your Insurance Policy's Fine-Print

Suddenly, the room was shaking and the plants around Ron Tepperman’s desk were moving—it took a second for him to register what was happening. Until a real live earthquake shook the city and created panic along the East Coast, that grou…

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Insurance Escalating Insurance and Your Contractor
2013 August Escalating Insurance and Your Contractor

In pretty much all states except New York, if someone doing construction work is injured on the job, workers’ compensation insurance will take effect and cover all medical expenses and lost wages. Here, according to a spokesp…

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Insurance Insuring Honesty and Integrity
2013 August Insuring Honesty and Integrity

When you decide to run for a board, you’re usually thinking about all the great changes you’re going to make to your building, along with all the time and effort that you’re prepared to sacrifice for the good of your home. Of th…

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Q&A Q&A: Vote by Proxy?
2013 July Q&A: Vote by Proxy?

Q “The current president has mailed proxies to owners indicating he would vote on  their behalf and included information that stated “the proxy-holder will cast votes as he/she determines” for the annual board election. The current presid…

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Q&A Q&A: Is this Co-op for Real?
2013 July Q&A: Is this Co-op for Real?

Q I am currently interested in purchasing a co-op apartment. However, my mortgage  broker advised that since the co-op has issued both common and preferred stock,  that it does not technically qualify as a co-op under the IRS 216 ruling, …

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Neighborhoods Uptown in Inwood
2013 July Uptown in Inwood

 While it remains under the radar, Inwood is a hidden gem that continues to  attract an increasing number of musicians, actors, artists and young  professionals in search of affordable housing and a vibe of being away from New  York City w…

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Finance Living Social
2013 July Living Social

 When you were a child, you probably tuned into the PBS show Mister Rogers  Neighborhood, where a homespun sweater-clad Fred Rogers often sang “Won’t you be my neighbor?”  Mr. Rogers might be singing a different tune today if he wer…

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