Interior Knowledge is Key
2006 Nov Knowledge is Key

Residential buildings are complicated entities—their various operating systems require maintenance and occasional repairs to remain in good working order. Sometimes maintenance can be carried out by the super or handyperson—sometimes it …

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Interior Caution Ahead
2006 Nov Caution Ahead

For many co-op and condo owners, watching the work crews arrive and the scaffolding ascend into the sky is akin to seeing the storm clouds gather on the horizon. They can be a harbinger of dark days to come, filled with noise, dust and i…

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Interior The Shocking Truth
2006 Nov The Shocking Truth

Today, almost all residents of co-op and condo buildings are computer-knowledgeable. They can tell you how many ports your PC has, how many gigabytes are in the hard drive, how to set up a printer, and more. When it comes to elect…

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Q&A Q&A: Surpassing the Shareholders?
2006 Oct Q&A: Surpassing the Shareholders?

Q Several others and I are shareholders in a co-op on the East Side of Manhattan. Our board and management company are putting through Local Law 11 repairs. This is not a problem. However, they have refused for any of the shareholders t…

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Q&A Q&A: A Receipt for Maintenance
2006 Oct Q&A: A Receipt for Maintenance

Q Do we, as a co-op collecting maintenance, need to comply with a shareholder’s written request, pursuant to RPL: Article 7 Section 235-e for written receipts for maintenance paid by personal check? Does this section even apply to maint…

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Q&A Q&A: Lethal Airborne Waste?
2006 Oct Q&A: Lethal Airborne Waste?

Q I live in a large co-op on the Upper East Side which consists of 300 units. Six residents on the second floor, including myself, have terraces. Over the years large quantities of various items have come out of the windows above us and…

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Q&A Q&A: Closing Question
2006 Oct Q&A: Closing Question

Q I have an accepted offer on a condo in Manhattan, and I have a letter of commitment from my lender. Before proceeding to submit my application to the board, I was instructed by the managing agency that submission of tax returns, payr…

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Q&A Q&A: One Good Reason
2006 Oct Q&A: One Good Reason

Q When an applicant applies to buy into a co-op and pays the high application fee, yet is denied by the board, shouldn’t they be given a reason why they were rejected? I feel strongly that the board is wrong in turning someone away with…

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Q&A Q&A: Use of the STAR Abatement
2006 Oct Q&A: Use of the STAR Abatement

Q Our co-op owners were just notified that the board has decided to appropriate the New York state School Tax Relief (STAR) tax abatement due to us for 2001/2002 and 2002/2003 as an assessment to do work on the building. Is this legal? …

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Board Operations No Sale Ever Final
2006 Oct No Sale Ever Final

Whether you’re part of a giant co-op the size of Co-op City, a 21-story building with over 15,000 residential units, or a small 25-unit condo in Staten Island, whether your building is self-managed or uses a management company, your b…

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