There’s nothing worse than being a unit owner in a building and seeing someone on your board breaking a rule and seemingly getting away with it. Some board members believe that they are “above the law” so to speak, and seem to be ope…
While some condos and co-ops are lucky enough to have lawyers serve as members of their board, the majority of boards don’t have an in-house legal expert. They often reach out to their attorney to answer questions, vet documents and sen…
Q We are having a major problem with our board president and vice-president. We have a seven member board, in which one of the directors has asked to see a list of bills paid to date and other board inquires. He was told that he is not …
Condominium and cooperative management companies are a dime a dozen in New York City. And since there are thousands of management companies vying for your attention and your business in the Big Apple, it can be tough for them …
The New York Association of Realty Managers (NYARM) has been instrumental in perfecting the skills of managers in the field with their School of Property Management for nearly eight years, and in doing so, has helped numerous veterans …
The difference between a residential building that is successful and one that is troubled can be the level of communication between the building’s shareholders and its board members. Although not commonly discussed, this is perhaps one o…
Remember your first day at a new school? Most likely, you didn’t know a soul, had no idea what the students were learning and you probably felt nervous, intimidated or maybe even afraid. In most cases, this is what it’s like to be a new …
Q Our co-op board has begun a policy of forbidding individual members to communicate with other shareholders about any issues in the building, not just legal matters. Any queries are answered with a stock reply. This board did not run …
Tell someone at a cocktail party that you are on a co-op board and the most likely response is “What a thankless task!” It seems every New Yorker has a co-op board horror story—and many of them probably contain more than a grain of truth…
Q I am a shareholder in a four building, 68 unit co-op. Two years ago, shareholders voted down a board proposal to replace the building’s 23-year-old windows. Recently, the board has decided to go ahead with the project which will co…