Q. Last year for our annual co-op meeting, we walked into the meeting area to vote, and were instructed by the board to leave the space immediately afterward due to COVID. This year, the board is doing the same thing, using the same excus…
Category: Q&A
Q. What should you do as an owner if you know of a small subset of owners in your condo that keep bringing coordinated and meritless legal actions, and even make public postings about your building that could harm your own valuation? Are …
Q. I live in a condo where there are quiet hours after 9 p.m., and all disturbing noise, no matter the time, can result in a fine. Two months after I moved in, the downstairs neighbor moved in, and it’s been a nightmare ever since. Bangin…
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…
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…
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…
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…
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…
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, …
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…