Q. Is there a lawful limit on assessments and maintenance increases that a co-op board can inflict upon shareholders/tenants in one year or one period? Please advise. —Watching My Wallet A. “There is n…
Q. A few days ago my 80-year-old uncle, who resides at a co-op in Queens, called me to tell me that his co-op board has informed the shareholders that a $1,000 fine will be issued to anyone not wearing a mask or facial covering during the…
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 …
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…
The COVID-19 pandemic has brought unique and challenging situations to each of us. Our cooperative and condominium clients, and their managing agents, have been working diligently to keep pace as this crisis unfolds. First and foremost, we …
Q. I have lived in a Mitchell-Lama co-op in Brooklyn for 43 years. The company is taking a vote on whether to privatize or not. I am personally in favor of privatizing. I am currently on disability, and am unemployed but looking for work.…
Q: Who may be deemed ‘essential employees’ for buildings during the quarantine/lockdown to maintain resident services? A: According to David L. Berkey of New York City-based firm Gallet Dreyer & Berkey LLP, “New York State’s guide for thei…