Category: Q&A

Q&A Q&A: Surpassing the Shareholders?
2006 Oct Q&A: Surpassing the Shareholders?

Q Several others and I are shareholders in a co-op on the East Side of Manhattan. Our board and management company are putting through Local Law 11 repairs. This is not a problem. However, they have refused for any of the shareholders t…

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Q&A Q&A: A Receipt for Maintenance
2006 Oct Q&A: A Receipt for Maintenance

Q Do we, as a co-op collecting maintenance, need to comply with a shareholder’s written request, pursuant to RPL: Article 7 Section 235-e for written receipts for maintenance paid by personal check? Does this section even apply to maint…

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Q&A Q&A: Lethal Airborne Waste?
2006 Oct Q&A: Lethal Airborne Waste?

Q I live in a large co-op on the Upper East Side which consists of 300 units. Six residents on the second floor, including myself, have terraces. Over the years large quantities of various items have come out of the windows above us and…

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Q&A Q&A: Closing Question
2006 Oct Q&A: Closing Question

Q I have an accepted offer on a condo in Manhattan, and I have a letter of commitment from my lender. Before proceeding to submit my application to the board, I was instructed by the managing agency that submission of tax returns, payr…

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Q&A Q&A: One Good Reason
2006 Oct Q&A: One Good Reason

Q When an applicant applies to buy into a co-op and pays the high application fee, yet is denied by the board, shouldn’t they be given a reason why they were rejected? I feel strongly that the board is wrong in turning someone away with…

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Q&A Q&A: Use of the STAR Abatement
2006 Oct Q&A: Use of the STAR Abatement

Q Our co-op owners were just notified that the board has decided to appropriate the New York state School Tax Relief (STAR) tax abatement due to us for 2001/2002 and 2002/2003 as an assessment to do work on the building. Is this legal? …

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Q&A Q&A: Smoking Ban?
2006 Sep Q&A: Smoking Ban?

Q I have a question about a condo owner’s right to smoke in their apartment. Having secondhand smoke infiltrate our units troubles many of my fellow condo owners—including myself. Our property manager suggests that we approach the offend…

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Q&A Q&A: Surpassing the Shareholders?
2006 Sep Q&A: Surpassing the Shareholders?

Q Several others and I are shareholders in a co-op on the East Side of Manhattan. Our board and management company are putting through Local Law 11. This is not a problem. However, they have refused for any of the shareholders to see th…

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Q&A Q&A: Unfair Allocations
2006 Sep Q&A: Unfair Allocations

Q Our 20-floor co-op consists of two small buildings. The building went co-op in 1982 and the sponsor/owner converted from oil to gas, removed the boiler at his expense, and converted the basement space into a 1,200-square-foot-duplex …

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Q&A Q&A: Hot Under The Collar
2006 Sep Q&A: Hot Under The Collar

Q We moved into our Chelsea co-op last spring, and when the heating was turned on in the fall, we learned that the west wall fin tube radiation wasn’t working. This means that we have no heat in the bedroom and partial heat in the livin…

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