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Security Better Safe Than Sorry
2006 Dec Better Safe Than Sorry

Even though crime statistics are lower in New York City today than they have been in decades, the fact remains that in an urban metropolis such as this, crime is a reality. It only takes one break-in or personal assault to focus everyone…

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Security Visitors and Guests
2006 Dec Visitors and Guests

In a real ad posted on craigslist, a popular website for free classified ads, someone is looking to rent out their 22nd Street apartment in Manhattan. It’s a 625-square-foot, one-bedroom apartment with a doorman, air-conditioning, laundr…

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Security Safety in Numbers
2006 Dec Safety in Numbers

The transformation of New York City from one of the nation’s perceived most dangerous places to one of the safest, if not the safest, big cities in America is an old story by now, but it still continues to amaze both longtime New Yorkers…

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Q&A Q&A: Whose Cable Now?
2006 Nov Q&A: Whose Cable Now?

Q Our building is seriously considering replacing our present cable television with a satellite dish system. Cablevision installed TV cables and equipment in our hi-rise residential condo building several years ago, and has continued to…

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Q&A Q&A: Family Trust
2006 Nov Q&A: Family Trust

Q My parents are both in their seventies and have begun setting their financial affairs in order. They have put whatever assets they own, such as cars, stocks and bonds, into their family trust in order to simplify their estate and avoi…

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Q&A Q&A: To Flip, or Not to Flip the Tax
2006 Nov Q&A: To Flip, or Not to Flip the Tax

Q Our 60-unit, self-managed co-op changed its bylaws about ten years ago to allow parents to sublet from their children and vice versa. The bylaws were changed with the condition that the flip tax would continue with any transfer of the…

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Q&A Q&A: Sole Access, Sole Responsibility!
2006 Nov Q&A: Sole Access, Sole Responsibility!

Q I live in an older co-op that has eight large roof-terraces from 300 to 500 square feet. We have experienced leaks emanating from these terraces, over the years, to the apartments below. No one is able to use the terraces except the …

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Finance Controlling for Fraud
2006 Nov Controlling for Fraud

A little over four years ago, the Sarbanes-Oxley Act (SOX) was signed into law. The most significant provision was Section 404, which requires corporations to conduct an annual assessment and report on the effectiveness of their internal…

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Neighborhoods Glen Oaks Village
2006 Nov Glen Oaks Village

Like so many other neighborhoods and areas of the city, the Glen Oaks Village cooperative in Queens has seen its share of good times and not-so-good times. But from the bleak days of the 1970s and ‘80s, thanks to a conversion, a committe…

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Board Operations The Final Frontier
2006 Nov The Final Frontier

Sometime in the future, perhaps, teleporters like those seen on Star Trek will be a reality. Every co-op and condo building will have one—not for purposes of travel, but for storage. Until technology allows us to beam our bins and boxes …

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