Tag: Jeffrey S Reich

Management Tales From the Dark Side
2015 April Tales From the Dark Side

Most condo/HOA boards are made up of ordinary, well-meaning folks who volunteer for the relatively thankless job of running their association. They donate their time, expertise, and effort to make their community as functional, solvent, an…

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Q&A Q&A: No Election, No Quorum?
2014 February Q&A: No Election, No Quorum?

What happens when there is no quorum at a shareholders meeting and therefore there is no election for new board members? The same board has remained in my co-op for many, many years without a chance for us to vote them out. Isn't there a la…

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Law & Legislation Your Building Counsel
2013 April Your Building Counsel

 Abraham Lincoln once said, “Discourage litigation. Persuade your neighbors to compromise whenever you can.  As a peacemaker, the lawyer has superior opportunity of being a good man. There  will still be business enough.”    Certain…

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Q&A Q&A: Park at Your Own Risk?
2012 December Q&A: Park at Your Own Risk?

Q My car was vandalized four times on the co-op’s property. We pay to park there each month. I have paid three times now for the repairs and I think the co-op should pay. There are no signs in the lot saying they are not responsible. …

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Board Operations Boards Underwater
2012 October Boards Underwater

When the bank took back a Harlem condominium, the rest of the building's residents were stuck with years of unpaid arrears by the former resident. “There was a tremendous amount of arrears from about three or four years already accruing…

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Insurance How Much is Enough?
2012 October How Much is Enough?

 Legendary funny man Benny Goodman once said, “I don’t want to tell you how much insurance I carry with the Prudential, but all I can  say is: when I go, they go too!” The comedian hits on all-important issue: how much insurance is too muc…

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Management Dealing with Delinquent Owners
2012 May Dealing with Delinquent Owners

By and large, a board and management company can expect payment from residents for monthly fees to be received on time and in full. These all-important funds keep day-to-day operations moving forward without delay. There are situations,…

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Q&A Q&A: Marijuana Problem in Manhattan
2012 January Q&A: Marijuana Problem in Manhattan

Q I live in a co-op in Manhattan and have a neighbor who enjoys smoking pot. The  problem is he does a horrible job containing the smell. He smokes out the  window and around the apartment. The smell comes into my apartment (which is  dir…

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Q&A Q&A: When a Shareholder Falls Ill
2011 April Q&A: When a Shareholder Falls Ill

Q My ex-[husband] owns his co-op but has become diagnosed as mentally incompetent after a stroke. He is in arrears on maintenance and the co-op is seeking to evict him. He will be homeless. Also if the co-op takes his apartment, wil…

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Q&A Q&A: Access to Meeting Minutes
2010 December Q&A: Access to Meeting Minutes

Q “The board was advised by one of the owners that we must mail all the minutes of each directors’ meeting to all the owners. Is this correct?” —Out in the Open A “In order to answer this question it would be nece…

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