Q Is there a law allowing us to conduct a meeting without a quorum reached? We need more than 50 percent of the vote and certain shareholders refuse to attend the meetings. We don’t have a co-op board and can not elect one. The old b…
Water Damages in Co-op Unit Q “I reside in a co-op apartment in the Bronx. For a whole year, I have incurred damages to my bathroom and kitchen ceilings from a washing machine in the apartment directly above mine, which is occup…
Noisy Neighbors Q “I have been a shareholder and board member in my building for the past 20 years. A year ago a new shareholder with two small children moved in above me, and since then noise has been a constant, serious proble…
Q “When I purchased my apartment in Brooklyn, noise was a concern of mine. I was told by the sales team and the builders that noise was not a problem. But now with people moving in, I hear closet and kitchen doors closing, people wal…
Q Last year, I bought a brand new condo from a builder in Brooklyn. The disaster started from the first day I moved in. After I remodeled and thought that I could enjoy it, I found that there isn’t any insulation between the walls, f…
Q I own a co-op unit in Jackson Heights, and recently I asked to get a copy of my building’s insurance policy. The board’s management told me that they only give this information out when an owner is buying, selling or refinancing—no…
Q Our co-op has a question about our various insurance policies. Our insurance agent has recommended to the board that we keep our D&O coverage separate from our general liability coverage. I understand that some commercial general l…
Q I am three months behind in my homeowner’s association payments. Can the condominium foreclose on my unit? My mortgage payments are up to date, and I called my lender who said, ‘no, they cannot foreclose.’ What do you say? I wrote a…
Q Do co-op shareholders have any rights when it comes to the selection of a management company for their building? And if they can’t directly choose which company will manage their co-op, can they attend the interviews with the poten…
Q Can the president of the co-op board be in business with the managing agent company’s owner without divulging it to the shareholders or other board members? The board members were recently notified that the owner is one of the boar…