The Cooperator Events presents a virtual town hall sponsored by Gallet Dreyer & Berkey, LLP Wednesday May 13 at 2:00 PM. COVID, Communications, & the Law - Practical Advice for Boards & Managers WATCH ON DEMAND This informative webinar w…
With few exceptions, most multifamily buildings or communities have at least one or two staff members (and sometimes many more) who maintain the safety, security, cleanliness, mechanical operations, and day-to-day functions that residents a…
Q. I live in a Queens County cooperative complex with 250 units. I have lived here for more than 30 years, and have paid many assessments, always using the 'pro rata percentage' to calculate the assessment. The board has now determined th…
Community associations are microcosms of democracy, run by an elected board of volunteers trusted to make good decisions on behalf of the community as a whole. Boards make the call on every large and small issue for their constituency. So i…
Q. I am a former board member who held the office of secretary. I have a question pertaining a stock certificate. I signed a stock certificate regarding a shareholder (who died in 2010) that was approved by the previous board and issued i…
Co-op, condo and HOA boards are tasked with a great many responsibilities – including determining and promoting both the day-to-day and longer-term interests of their residents. That’s a tall order, and it’s largely achieved through the imp…
Last October, The Cooperator reported on a legal fight between the non-profit New York Public Library and the board of the Fifth Avenue Tower condominium association. The disagreement stemmed from the library’s attempt to undergo …
Q. Does the co-op have any liability for a live-in super doing work for shareholders that is deemed the individual shareholder’s responsibility and paid for by that shareholder? —Inquisitive Neighbor A. David…
Halloween may be over, but that doesn't mean that living in a co-op or condo community can't be scary sometimes. And while multifamily real estate is rarely haunted in a truly spectral sense, eerie goings-on still take place, sending chills…
The New York Public Library is undertaking a substantial renovation at its Mid-Manhattan branch on Fifth Avenue, to the tune of some $200 million. As the New York Daily News reported, the library closed on August 1 for a project that …