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Category: Q&A

Q&A
2021 November Q&A: Officer Duties in Question

Q. I’ve been a board member for five years. I got elected as treasurer and we had a board president that’s been president for several years doing all the board’s duties and got reelected again. I was assuming that I was supposed to recov…

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Q&A
2021 November Q&A: Waiting for Abatement

Q. Since 2003, I have been a resident/owner of a condo in Riverdale. Last year, I became aware of the building’s eligibility for the NYC condo tax abatement program. No other owners in the building knew anything of the program. Most owner…

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Q&A
2021 November Q&A: Sponsor Hold on Board

Q. I have been a shareholder for close to 20 years in a building that went co-op in the late 80s and whose bylaws and governance are still dictated in most part by the original offering plan/proprietary lease that was standard issue at th…

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Q&A
2021 October Q&A: Windows Need Replacement

Q. I live in a co-op in the Riverdale section of the Bronx. The windows in the entire co-op are in bad need of replacement. We live right off the river and it can be extremely windy and cold. I inquired with management if window replaceme…

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Q&A
2021 October Q&A: Garage Needs Repairs

Q. The floor of our co-op garage is sinking, and needs to be repaired. Not only are sewage pipes below, but so are gas lines. No contractor wants to come here to fix the floor as they are afraid of an explosion. What legal entity do I con…

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Q&A
2021 September Q&A: Bilked by Bulk Billing

Q. The bylaws of [my co-op] currently charge utility costs—water, sewer, heat/AC, and electricity—to our shareholders on the basis of the number of shares each unit is assigned. The shares apportioned are variable depending on unit size, …

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Q&A
2021 September Q&A: A Rogue President

Q. We recently had to vote to remove our board president from his position, because he was taking small amounts of funds on a regular basis. He said it was all ‘petty cash reimbursements,’ but he never told the board or treasurer about ma…

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Q&A
2021 August Q&A: Seeking Stimulus

Q. The government has provided relief for renters of cooperatives. Is there any relief for cooperative shareholders? I’m told by the building manager that the relief fund provided was for management. How can everyone get help and not the …

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Q&A
2021 August Q&A: Dangerous Mitchell-Lama Resident

Q. I have lived in a Mitchell-Lama co-op since 1992 and never received a copy of the complete house rules. I have been assaulted by a neighbor’s husband; he is not a tenant on record yet lives here and is a very dangerous person. Does the…

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