Q&A Q&A: Atrium/Courtyard Rules
2007 Jul Q&A: Atrium/Courtyard Rules

Q Our new condominium contains, as part of its common elements, an atrium and courtyard. What do I need to know about instituting rules and regulations for these common areas in light of the fact that the board would like to afford res…

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Q&A Q&A: Service Contractor Liability
2007 Jul Q&A: Service Contractor Liability

Q I am looking for information regarding service contractors (i.e. cable, TV, phone) needing to set up a prior appointment to access equipment that is installed on owners’ terraces. Does the unit owner have to be at home to let the work…

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Q&A Q&A: Co-op-Run Sales Office
2007 Jul Q&A: Co-op-Run Sales Office

Q I am a shareholder in a co-op that has 400-plus units in our building. We have an outside management company that has an office in our building and handles the general operation of the building. I would like to know if there are an…

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Q&A Q&A: Unpleasant Co-op Living
2007 Jul Q&A: Unpleasant Co-op Living

Q I have lived in a co-op in Little Neck, New York for 21 years. The shareholder-elected board of directors use their authority to mistreat the shareholders. They write letters that are nasty, rude and potentially derogatory. They’v…

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Q&A Q&A: Basement Noises
2007 Jul Q&A: Basement Noises

Q For the past 2 months our apartment, which is on the ground floor above the basement, has been inundated with a loud noise from a faulty system of leaking pipes and non-working control valves, causing the sump pump to cycle on and …

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Maintenance Managing Laundry Contracts
2007 Jul Managing Laundry Contracts

Having a well-lit, well-maintained laundry room in one's building is a definite plus. Residents don't have to traipse out to the overcrowded Laundromat in the dead of winter or in the pouring rain to spend hours waiting for machines when…

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Neighborhoods Harlem on the Rise
2007 Jul Harlem on the Rise

Nearly every neighborhood in New York City has had its fair share of ups and downs over the decades. Yesterday's demilitarized zone is today's luxury condo haven. Double-wide strollers wheel down sidewalks where yuppies once feared to tr…

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Management Renter vs. Shareholder Mentality
2007 Jul Renter vs. Shareholder Mentality

When a long-time renter purchases a co-op or a condo apartment, the move is perceived as a step up. No longer are you just shelling out rent every month—you're building equity, investing in your own security. Regardless of whether your n…

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Organizations A Look at the NYSSCPA
2007 Jul A Look at the NYSSCPA

As the oldest state accounting organization in the country, the New York State Society of Certified Public Accountants (NYSSCPA) holds an iconic place in the numbers realm. With 16 chapters spread out across the state, from the Adirondac…

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Finance Financial Demographics Affect Buildings
2007 Jul Financial Demographics Affect Buildings

In any business—whether it's a flower shop or a gas station—there are those who have more dollars to work with, and those who have fewer. It's the same for co-ops and condos. New York is home to a seemingly endless variety of residential…

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