Q Can a co-op board restrict outside contractors on a religious holiday? If so, is it legal for this to be done for only one religion? The board of my co-op has restricted work on all, including the minor, Jewish holidays. By ‘mi…
Tag: Cooperative
They say that it takes a village to raise a child. If that’s true, then it takes even more than that to keep the thousands of New York City co-ops and condominium building communities solvent, harmonious, and informed. With all its poten…
Any transfer of ownership of a cooperative unit will require the cooperative corporation to cancel the old stock certificate and issue a new one. Many see this step as a simple clerical task, and often it is the managing agents that keep th…
As a financial professional who has served metropolitan New York's cooperative community for over 25 years, I must say that this is probably the most challenging time in recent history. Everywhere we turn, rapidly escalating costs coupled w…
A03813 -- Automatic Application Approval --Requires applications to purchase condominiums or cooperatives to be acted upon within sixty days. Failure to do so would result in an automatic approval. 02/04/2005 referred to Housing 04/0…
Circle March 16th on your calendars so you don't miss The Cooperator's 18th Annual Co-op & Condo Expo, which will once again pack a full day of information, seminars, vendors, networking, and giveaways into two floors of the New York Hilto…
Getting on a condo or a co-op board requires a significant investment "“ both in time and sweat equity. As president of a Greenwich Village co-op board, I can attest firsthand to the labors involved. Rarely does a day pass when I don't rec…