Tag: Liability

Insurance Insuring for Household Hazards
2010 August Insuring for Household Hazards

Mold—it’s an ugly four-letter word in more ways than one. Nobody wants to think about the fact that this fungus can be found anywhere where water leaks or drainage problems are present. Mold can cause serious damage to a co-op or condom…

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Insurance The Proper Fit in Insurance
2010 August The Proper Fit in Insurance

For any co-op or condo in New York, there are certain types of insurance that they cannot live without. Generally those include: property, liability, umbrella, D&O (with employment practices liability (EPL) insurance embedded in the co…

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Q&A Q&A: Bed Bug Dilemma
2010 May Q&A: Bed Bug Dilemma

Q “I am the superintendent of a Manhattan cooperative. One shareholder's apartment has bed bugs and the board had done the right thing by paying the exterminator bills as this is no time to be having an argument as to who is responsible…

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Q&A Q&A: Water Damages in Co-op Unit
2009 Dec Q&A: Water Damages in Co-op Unit

Water Damages in Co-op Unit Q “I reside in a co-op apartment in the Bronx. For a whole year, I have incurred damages to my bathroom and kitchen ceilings from a washing machine in the apartment directly above mine, which is occup…

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Interior When Repairs Need to Be Done
2008 Nov When Repairs Need to Be Done

When you live in a Manhattan co-op or condo, one of the things that you need to be aware of is what sort of building systems exist on the property, and more importantly, which of these you are accountable for. When it comes to most bui…

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Shareholder Relations Rules and Problems
2008 Feb Rules and Problems

Although many co-ops and condos in New York City might not like it, shareholders and unit owners often rent out their apartments to subletters. Board control over subletting can vary—from stringent in most co-ops, to giving the board the fi…

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Insurance Reducing Liability in a Co-op or Condo
2007 Aug Reducing Liability in a Co-op or Condo

Insurance can be a hassle to deal with when it comes to your property, but failing to pay attention to the details of your policy could cost you money now and in the future. Knowing the specifics of your building's insurance policy, and als…

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Interior Who’s Responsible for This?
2005 Nov Who’s Responsible for This?

Do you know what your problem is? More importantly, do you know if it’s actually your problem? In the world of condos and co-ops, understanding who is responsible for what in an apartment or in a building’s common areas isn’t always cle…

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Board Operations Difficult Board Members
2001 Apr Difficult Board Members

We all live and work in co-ops or condos; most of us have lived through some form of havoc wreaked by a board member. This person may be earnest and well intentioned, but projects an argumentative and contentious demeanor that is disrupt…

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