Tag: Matthew J Leeds

Board Operations Diversifying Your Board
2018 February Diversifying Your Board

A democracy fares best when it is proportionally representative of its constituents. For all intents and purposes, the board of a condominium, cooperative, or homeowners’ association is a democratically-elected entity, and as such, one coul…

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Board Operations When Co-Op Interviews Get Invasive
When Co-Op Interviews Get Invasive

Interviews of all stripes are notoriously nerve-wracking for those being placed under scrutiny. Even mundane details about one's hobbies and interests can seem like daunting reveals when confronted by a stranger in an uncomfortable setting.…

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Management The Pokémon Go Craze
The Pokémon Go Craze

Pokémon Go has taken America by storm. But if you're perhaps one of the few people who haven't heard yet about the popular video game app that has been in the news recently, here's a refresher: Pokémon Go lets smartphone users explore…

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Q&A Q&A: Imposing a Leasing Fee: Legal or Illegal?
2015 March Q&A: Imposing a Leasing Fee: Legal or Illegal?

I live in a New York City condo. There are a total of 204 apartments, 140 of which are privately owned and rented by their owners, and 64 which are occupied by their owners. My question is the following: Can 6 members of a board of 7 decide…

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Law & Legislation Protection from Lawsuits
2008 June Protection from Lawsuits

The best rule of thumb for boards is to act as ethically as possible. That way, shareholders will never have a problem with the decisions the board makes, right? Wrong. We live in an increasingly litigious society, where shareholder…

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Finance Planning for the Unknown
2007 Apr Planning for the Unknown

One of the fundamental truths about condominium life is that, eventually, your building will need extra money. A leaky roof, an inefficient boiler, busted pipes, elevators that don't elevate—the list is endless. If your boar…

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