Category: On The Board

Board Operations I Got Rights!
2006 Oct I Got Rights!

In many ways, a co-op or condo building is a lot like a tiny democratic nation. Like an independent state, a building elects its leaders, and those leaders have certain responsibilities to the people who elected them. Each “citizen” of the …

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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 boar…

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Board Operations Getting Good Help
2006 Oct Getting Good Help

Attracting new members to join your board of directors may be a daunting task. As current board members, you know that occasionally you need new members to keep the business of your co-op running smoothly—but people are often reluctant t…

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Board Operations It's Good to Be the President
2006 Oct It's Good to Be the President

It’s not a thankless job, necessarily—every once in a while residents will express their gratitude, if the elevator ride is sufficiently awkward—but it is a moneyless one. It’s also a hefty part-time job at best, and can at times take up…

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Board Operations Following the Money
2006 Oct Following the Money

Fall is here and with it comes the season for watching football. Football seems to dominate American culture. There are pro games four days a week, pre-season, post-season and Pro Bowl games, college, indoor, fantasy football, and of cou…

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Board Operations Running the Gauntlet
2006 Oct Running the Gauntlet

Talk about tense situations. There’s the sweaty-palm inducing job interview or the anxiety-riddled prospect of getting down on one knee to propose. And who can forget those tense moments scratching out an answer on the SAT test, knowing …

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Board Operations Watts Up?
2006 Sep Watts Up?

Seasonal spikes in the prices of fuel, oil and gas rising, higher costs of electricity, the need to bring those energy bills down—your condo or co-op will likely feel all of these, especially if it has older boilers, appliances, and so f…

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Board Operations If it Ain't Fixed-Float it
2006 Sep If it Ain't Fixed-Float it

Purchasing a building’s heating oil is one of the most important decisions a board has to make. And in this era of ever-rising fuel costs, it’s also one of the most frustrating. When deciding how to pay for their buildings’ heating oil, …

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Law & Legislation Same Planet, Different Worlds
2006 Aug Same Planet, Different Worlds

While there are many similarities between co-ops and condos, are the two very different when it comes to things like insurance and liability? The answer is both yes and no. There are similarities, but some significant difference…

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