Category: Q&A

Q “I live in a co-op in Queens that still has a small percentage of apartments held by the sponsor. Last year the sponsor was voted off the board (they held 2 seats). This year only one person was nominated and seconded by two people who…

Q In our parking garage we have access to a bike storage room and an outside bike rack that is next to a resident's handicapped parking spot. Right now the only way to get to the bikes is to "trespass" over the parking spot. Our concern…

Q Does corporate law require that co-ops have an annual audited financial budget for shareholders? —Budgeter in Brooklyn A “The law imposes no such requirement on co-op apartment corporations,” says Thomas E. Kass…

Q I am a shareholder in a four building, 68 unit co-op. Two years ago, shareholders voted down a board proposal to replace the building’s 23-year-old windows. Recently, the board has decided to go ahead with the project which will co…

Q Our condo building has a lot attached with parking for six cars. On the far side  of the lot there is a garden and a playground. We have a member who has requested to use the garden, playground and parking lot for a  party. Cars will be…

Q At our last annual meeting, the president, vice president and all other members  of the board were present. However, without any explanation to the shareholders  present, the corporation’s counsel proceeded to conduct the meeting by fir…

Q Can the person running for a board position make his own proxy ballot and cast votes for other people? —Electorally Concerned A “The simple answer to both of these questions is likely yes!” says attorney Marc H. Sch…

Q We have a president in a cooperative building that has secret meetings and does everything possible to force his ideas on the membership. He is seemingly vindictive and tells owners if they don’t like it they can move. What can we d…

Q My question is, since Co-op City (in the Bronx) determines carrying charges based on household income, if there's a change in the household income whereby one of the occupants is unemployed shouldn't there be a downward modificatio…

Q My aunt owns a condo. The condo on top of hers had a plumbing problem that was leaking to her bathroom. They opened a hole in her wall to see the condition of the pipes and they were rusty and with leaks. Is the building association r…