The Institute of Real Estate Management (IREM) announced in a June 3 press release that the organization’s IREM Foundation has established a COVID-19 Relief Fund to support real estate managers and their local communities affected by the pa…
Q. I am a shareholder and current member of the board of directors running for reelection. At the elections, we did not have a quorum, and the other members decided to keep the elections open for a month. So the ballots were given to mana…
Q. At our building, there has been no quorum at our annual meetings for the last two years. The voting was done and the ballots were counted by an outside company, but the results have not been posted. We requested the outcome but have be…
Q. I’m a shareholder in a co-op for 30 years. There is never a quorum at our annual meeting, so no voting for board members takes place. Is there a mechanism to request the removal of a board member who is ineffective, rude, disrespectful…
Q. Our super was hired six months ago. He’s a hard worker and all the tenants like him. But the president of the board fired him three days before his six-month probation period was up. The tenants requested a special meeting to find out …
While the majority of apartment dwellers are by nature accustomed to less living space than, say, single-family suburban homeowners, those in denser areas can offset that lack of personal square-footage by living a larger percentage of thei…
Seward Park Cooperative on the Lower East Side of Manhattan (where this author has lived for the last 15 years, and has served on its board of directors for the last six) is a remarkably diverse community of 5,000 or so New Yorkers that pri…
Whether you’re living in a co-op apartment building in Manhattan, a condo on Chicago’s Gold Coast, or a townhouse community or HOA in Las Vegas, Reno, or Florida, issues of legality and liability are always a concern for owners, board membe…
It seemed to come out of nowhere, and hit the city like a whirlwind. As grim daily reports rolled in from China, Italy, and other hard-hit countries, Americans—and perhaps in particular New Yorkers, those most intrepid of city dwellers—watc…
As cities and states begin the measured process of reopening and (hopefully) restarting their economies after the initial shock of the coronavirus pandemic, the boards and managers of multifamily buildings are doing the same -- and running …