Law & Legislation Listen Up!
2013 June Listen Up!

 While some condos and co-ops are lucky enough to have lawyers serve as members  of their board, the majority of boards don’t have an in-house legal expert. They often reach out to their attorney to  answer questions, vet documents and sen…

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Law & Legislation New York Legislative Update for 2013
2013 June New York Legislative Update for 2013

 The New York State legislative season is here again, and bills of all kinds are  being considered, including housing. Some of these bills directly impact co-op  and condo board members, managers and residents. Housing is also on the agend…

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Law & Legislation After the Storm
2013 June After the Storm

 Fires devastated Breezy Point; areas of Staten Island were destroyed with lives  lost; thousands of residents in Lower Manhattan were plunged into darkness after an  electrical transformer exploded on the East River. These events were amo…

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Q&A Q&A: Question About Occupancy?
2013 May Q&A: Question About Occupancy?

Q Does a cooperative board have the legal right to create their own occupancy  guidelines?    —Curious Cooperator   A “The proprietary lease (sometimes called the “occupancy agreement” in certain co-ops) of a cooperative t…

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Law & Legislation An Unusual Assessment
2013 May An Unusual Assessment

 A recent federal appeals court decision on the subject of income tax law stands  to be of great benefit to cooperative corporations around the city,  particularly in light of damage suffered in many buildings from Hurricane  Sandy. Alphon…

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Neighborhoods Rye, New York: a Slice of Heaven
2013 May Rye, New York: a Slice of Heaven

 This bucolic Westchester County community is home to the popular amusement park  Playland and its famous wooden roller coaster, the Dragon Coaster (remember  when Glenn Close and Ellen Latzen took a ride on this roller coaster in the  198…

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Board Operations Know the Rules
2013 May Know the Rules

 Back in the late 1800’s, an army officer named Henry Martyn Robert wrote a distillation of  Parliamentary Procedure (which was used by the American Congress at the time),  to help people run smooth and effective meetings, whether it be a …

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Real Estate Trends Changing Times
2013 May Changing Times

 Bob Dylan famously sang, “The times, they are a-changin’,” and they sure have with Pew Research finding that for the next 17 years, 10,000  Baby Boomers will turn 65 every day. This staggering statistic, which includes  the 71-year-old ic…

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Maintenance Ain't No Crystal Stair
2013 May Ain't No Crystal Stair

 For some, stairwells are the dark little secret places between floors, where the  kids go to drink beer at night, or where others go to do who knows what. While  residents of most buildings will have few reasons to use their building’s in…

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Board Operations Delegate, Delegate, Delegate
2013 May Delegate, Delegate, Delegate

 Read any of the major business publications or websites and you’re bound to find articles on the importance of delegating. It’s one of the most fundamental skills for a successful business owner to have. A  simple Internet search finds sc…

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