Q&A Q&A: Should a Shareholder Pay for a Long-Staying Guest?
2021 April Q&A: Should a Shareholder Pay for a Long-Staying Guest?

Q. Can a co-op charge the shareholder a fee if they have guests for long periods of time? Can we ask for photo IDs?                                     —Reluctant Host A. “A ‘long period of time’ may be shorter than you think,” says a…

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Q&A Q&A: Proxy Abuse?
2021 April Q&A: Proxy Abuse?

Q. We have a president of our co-op board that has been president for almost 30 years because he collects proxies from the shareholders who will not attend the yearly meeting and uses them to either reelect himself or others that side wit…

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Management Liability, Cost, &  Reopening Amenities
2021 April Liability, Cost, & Reopening Amenities

Last spring, amidst the panic and confusion of the burgeoning pandemic, condominium, co-op, and HOA communities were faced with the difficult task of deciding what to do about their shared amenities. Gyms, pools, clubhouses, and other popul…

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Landscaping Smart Multifamily Landscaping
2021 April Smart Multifamily Landscaping

When the sun seems to shine a bit brighter, warmer, and longer, and the first buds of spring start to appear on trees and bushes, many multifamily property managers, boards, and residents start to think about the landscaping at their buildi…

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Landscaping Plants, Money, & Sustainability
2021 April Plants, Money, & Sustainability

In multifamily properties where different households share in the use, visual enjoyment, and property value of landscaped outdoor elements, a lot of factors go into deciding what and where to plant, how to maintain it, and how much to spend…

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Management Preparing for Local Law 97 Inspections
2021 April Preparing for Local Law 97 Inspections

In the spring of 2019, the New York City Council passed the Climate Mobilization Act—and with it, Local Law Number 97 (LL 97). LL 97 requires large existing buildings—those over 25,000 square feet—to reduce their carbon emissions 40% by 203…

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Buying & Selling Celebrity Homebuying
Celebrity Homebuying

Back in the ‘Gilded Age’ of the 1980s and 90s, Robin Leach hosted a popular TV show called Lifestyles of the Rich and Famous. His show, along with soapy series melodramas like Dynasty and Dallas gave the rest of us a front-row s…

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Q&A Q&A: Subleasing a Co-op
Q&A: Subleasing a Co-op

Q. A co-op owner purchased her unit in 2005 and has been subleasing it to the same tenant since 2011. The co-op board recently passed an amendment to the bylaws that states an owner cannot sublease a unit for more than two years, and it a…

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