Tag: Housing cooperative

Q&A Q&A: Non-Owner Residential Status
2014 February Q&A: Non-Owner Residential Status

Q Can a non-owner's spouse remain in a co-op apartment when the shareholder spouse vacates the marital residence but the parties remain husband and wife? —In Name Only A “The short answer to this inquiry is that it depends upon …

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Q&A Q&A: Who's got the Power
2013 December Q&A: Who's got the Power

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…

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Interior Bank on It!
2013 November Bank on It!

The New York metropolitan area probably has more banks and other financial institutions than anyplace else in the country. This is after all the city where Wall Street is located. Go down any major shopping street and chances are you’ll se…

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Law & Legislation The Warranty of Habitability
2013 November The Warranty of Habitability

Most New York residents—and certainly most New York attorneys are aware of the Warranty of Habitability. Few may know that its origins are statutory, and fewer still care that it contradicts common law, but most would be surprised by the t…

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Board Operations Dealing With the Disruptive
2013 October Dealing With the Disruptive

Living in a condo means putting up with certain occasional inconveniences: that curious odor emanating from the neighbor’s unit, the downstairs saxophone player who practices every Tuesday afternoon, or that one resident that insists at ev…

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Law & Legislation Preventing Offensive Smoke Conditions
2013 October Preventing Offensive Smoke Conditions

To reduce their potential liability from secondhand smoke-related issues, condominium and cooperative boards and landlords or rental buildings can attempt to adopt rules and bylaws or lease terms that clearly address smoking issues. (Altho…

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Board Operations This Old Board
2013 August This Old Board

Being on a board of a condo or co-op is no picnic. There are tons of decisions to be made, disputes to settle, finances to keep track of and a chance of being sued for a slip-up. So why do so many people decide to serve on a board—some …

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Q&A Q & A: Dealing with Criminal Elements
2013 August Q & A: Dealing with Criminal Elements

I am president of a co-op board in Queens, NY. It has come to my attention that a sexual predator moved in with his son, who owns the apartment. I informed my security team and they are watching him very closely since there are children…

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Board Operations On Board
2013 August On Board

Bob Ricken: North Shore Towers, Queens The Building : North Shore Towers & Country Club, a cooperative spread out over 110 acres, commands the highest point in Queens with views of the Empire State Building, Long Island Sound and…

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Finance Coping With Arrears
2013 July Coping With Arrears

 The foundation of any properly run condo association or co-op building rests on  residents paying their monthly maintenance fees on time and in full, with no  delays or delinquencies. However, in the wake of the recession, with many  shar…

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