Category: Board Operations

Board Operations Managing a Gut Rehab Project
2007 May Managing a Gut Rehab Project

Starting a major renovation can be tough when you're dealing with a single-family home, but doing the job on a condo or co-op involves many considerations that house dwellers never face. It's not just a question of what contractors and prof…

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Board Operations Don't Do It Yourself
2007 May Don't Do It Yourself

Every once in a while, one hears about a co-op or condo that has been neglected for some time and has some problems in its common areas. Dirt builds up on the lobby floor, the fluorescent lights on the ceiling flicker, paint is chipped from…

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Board Operations A Bad Idea for Co-ops
2007 Apr A Bad Idea for Co-ops

We've all heard the phrase "The road to hell is paved with good intentions." The old saw applies to legislation as well. We've often seen laws passed with what seemed to be the best intentions, only to discover later that they have left a t…

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Board Operations Democracy in Action
2007 Apr Democracy in Action

Living in a co-op or condo might not seem like an exercise in democracy, but when election time rolls around for your building's board, being a shareholder/owner means being a voter as well. One person's vote might very well mean t…

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Board Operations Same Time Next Year
2007 Apr Same Time Next Year

Every year, the shareholders of co-op apartments gather together—in their building's community room, or even in the basement in the shadow of the laundry machines, on flimsy chairs that are only used once a year—to discuss their mutual inve…

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Board Operations Getting Along and Going Along
2007 Apr Getting Along and Going Along

Sometimes being on the board of a co-op or condo is like being a politician. Fellow residents look to you to solve problems. They can vote for you, or they can choose not to vote for you if you do something they dislike. You feel li…

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Board Operations Working Toward Common Goals
2007 Apr Working Toward Common Goals

Nothing worth doing is ever easy. That rule of thumb certainly applies when it comes to the creation of co-ops and condos. Whether constructing a new building or converting an existing one, it can be a tricky business. The person o…

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Board Operations Under the Microscope
2007 Feb Under the Microscope

Admission requirements for co-op buildings in New York City are typically pretty stringent. A board has the authority to require prospective purchasers to provide extensive financial documentation along with social and personal reference le…

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