Law & Legislation A Place of One's Own
2006 Jun A Place of One's Own

When it comes to something as valuable as the place we call home, almost any dispute has the potential to turn into a legal crisis—and that goes double for New Yorkers. For tenants and landlords, these issues usually arise over problem…

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Law & Legislation Playing the Percentages
2006 Jun Playing the Percentages

It may sound like an oxymoron, but in the world of co-ops there is such a thing as “bad income.” The federal tax code requires that cooperative buildings receive at least 80 percent of their income from their shareholders—usually in th…

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Law & Legislation Changing the Guard
2006 Jun Changing the Guard

This is a transitional time for the New York City Council. This year, there is a new City Council Speaker in the person of Christine Quinn, a Democrat from District 3 on Manhattan’s Lower West Side who, since becoming speaker, has anno…

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Law & Legislation The Mighty Quinn
2006 Jun The Mighty Quinn

Considering that she’s still a few months away from turning 40, Christine Quinn, Speaker of the New York City Council, has achieved a great deal in politics and is thought of as the second most powerful figure in city government, after…

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Q&A Q&A: Board Member Indemnification
2006 May Q&A: Board Member Indemnification

Q Our board president was given a violation for doing electrical work without a permit and blamed the superintendent for reporting the work to the New York City Electrical Board. She asked the board for the reimbursement for the cost o…

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Q&A Q&A:The Board's Right to Choose Counsel
2006 May Q&A:The Board's Right to Choose Counsel

Q Our co-op board has been sued by a shareholder. We’ve notified our directors and officers (D&O) liability carrier of the lawsuit, and our carrier has in turn appointed a  defense counsel to defend us against the lawsuit. Do we as a boar…

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Q&A Q&A: Heat Conversion
2006 May Q&A: Heat Conversion

Q Our building (which is comprised of 17 one-bedroom units) is heated by a hot water gas boiler with baseboard radiators. The radiators are NOT individually controlled. The building is about 30 years old, and the boiler will soon need …

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Design Wood You Rather
2006 May Wood You Rather

In any home or apartment, urban or suburban, woodwork plays an important role in construction, but in areas such as doors, floors, cabinets and decorative elements. With plenty of synthetic alternatives and wood veneers available to do…

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Exterior Getting Serious About Curb Appeal
2006 May Getting Serious About Curb Appeal

Many boards and managers make extravagant efforts to spruce-up the frontages of their buildings with costly landscaping, graffiti removal, and entrance renovations — but it’s an uphill battle. As many a harried manager or put-out share…

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Board Operations Within Striking Distance
2006 May Within Striking Distance

It took a rally, a march up Park Avenue, and some heated late-night negotiation sessions, but on April 21, 2006, the Service Employees International Union (SEIU) Local 32BJ and the Realty Advisory Board (RAB) were able to compromise on…

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