You may love your building. You may even love your neighbors and the members of your board. But there are few people who can say that they love their monthly board meetings or annual owner or shareholder meetings. That’s because these meet…
Most co-op and condo residents have taken part in at least a few annual board elections, and perhaps, they’ve even served on committees, or volunteered on behalf of their building in some other capacity. But those who’ve never taken a s…
While a lot of the day-to-day business of running a co-op or condo building happens in the management office or on-site at the level of maintenance and staff management, meetings—board-only and resident alike—are the forum where importa…
Who wouldn’t want to be on the board of directors of their co-op or condo, watching over their most precious possession and probably their most significant investment—their home? Most people, actually. It’s a rare co-op or condom…
Everyone has experienced disorganization at one time or another. Say you have to go somewhere, and you forgot your driver’s license, only to find it in the pocket of another jacket. Or you can’t locate your cell phone because you turned …
New York's co-ops and condos are both governed by a multitude of laws and rules. For co-ops, the primary governing documents are the bylaws and the proprietary lease. For condos, they are the condominium declaration and, once again, the…
Working in groups can be a challenge. Working in groups when people’s homes—and possibly their life savings—are involved can be a far greater challenge. It’s one faced every day by those brave souls who volunteer to serve on their co-op …
Q I believe that owners have a fiduciary responsibility to the association, as they are held in a public trust of that association just like board members. The responsibilities and duties of owners in a homeowner association are outlin…
It is one of life’s eternal questions: is it possible to have too much of a good thing? That question certainly can apply to the matter of long-serving board members: those individuals who get elected and re-elected term after term and …
For the most part, human nature is fearful of change; people are more likely to stick with what they have and what they know, rather than explore new possibilities and take on unknown risks. That’s certainly the case with condo and co-o…