While the exception rather than the rule, boards can run afoul leading an association into troubled waters. In some cases, certain rules are enforced over others or community funds are simply mishandled. And in other instances, trusted adv…
Often, the best, most successful boards and communities share the same combination of habits and traits; all the while, the worst, least successful boards and communities share the same habits and traits, as well. Case in point: there isn’…
Individual commitment to a group effort; that's what makes a team work, a company work, a society work, a civilization work. Legendary Green Bay Packers football coach Vince Lombardi left cooperative and condo boards and managers off…
The “Dream Team” label is often used to describe a perfect combination of highly-skilled people drawn together for a particular purpose. The 1992 U.S. mens' Olympic basketball team is probably the most famous example, but 'dream teams' hav…
Valuable paintings will be hung in our newly renovated lobby which is a common area of our co-op building. What if they are stolen or damaged? The owner who has loaned them has personal insurance but since the paintings are in our common ar…
It's probably no surprise that no matter what field of law they practice in, attorneys have some pretty good stories. (The volume of television shows and movies devoted to lawyers and legal procedures may be one indicator of this.) T…
Community living' in the context of a co-op or condo building means abiding by a set of rules and regulations designed to serve the community’s best interests and maintain property values. The building board makes the rules, and the reside…
I am the president of a board of managers where a member of the board is also a realtor. He manages units in the condo and owns two of the units. Just wondering—is this a conflict of interest? —Brokering in Brooklyn “Clearly, there…
Q If the majority of board members pass a motion, and the president or other members of the board decide to ignore the majority's vote and proceed in opposition to their directive, what recourse do the board members have? Is there anythin…
Finding the right balance of involvement between HOAs and condo boards and residents can be like maintaining a healthy relationship with a significant other—you want to be compassionate, responsive and attentive, but not too needy, nosy or…