Q.   Today shareholders at our Mitchell-Lama co-op in Queens were informed with less than 24-hours notice that there will be a film shoot taking place tomorrow on the property from 6:00 a.m. Thursday and completed 12:00 p.m. on Friday. Not…

Q. I live in a gated community and the manager seems to be controlling the board rather than vice versa. She has filled vacant board seats without an election—some new residents don’t even know that we’re supposed to hold elections. The b…

Q. How can a shareholder be protected from a board’s abuse of authority when implementing excessive fines on the community of shareholders? Some of the fines being imposed by the board are not defined in our bylaws or house rules. On occ…

The lobby of your building is more than just a transitional space between outdoors and in; it’s an important component in the life of your co-op or condo community.  It’s where you enter your home. It’s where your visitors (and potential bu…

These days, so much of what we do and own is defined—often redefined—by technology, including our assets. Cryptocurrency is a prime example. While not really ‘money’ in the traditional sense of dollars or pounds or euros, and in no way simi…

Along with competent, engaged leadership, good management is fundamental to the successful operation of any shared interest community—and the basis of good management is in large part spelled out in the contract between the community and it…

CooperatorNews has been reporting on matters related to multifamily living, governance, and operations for the better part of four decades, expanding from the New York City metro area to various east coast, midwest, and western markets alon…

The data is in: striking a balance between our personal and professional lives is a key component of happiness and general wellbeing. But how does one do that when one’s job is potentially a 24/7 situation? Take multifamily residential man…

As 2023 draws to a close, the New York metro’s co-op and condominium communities are feeling the consequences of a long, slow, persistent market decline brought on by the pandemic, rising interest rates, and inflation. That decline has mean…

As if New York co-op and condo communities weren’t under enough pressure from sluggish sales, high interest rates, and the ever-increasing volume of work required to comply with environmental requirements like Local Law 97, Governor Kathy H…