Tag: New York State Business Corporation

Board Operations Access to Documents
2019 April Access to Documents

Living in a co-op, condo or community association can simplify a lot: maintenance issues that keep single-family homeowners up at night aren’t a concern for condo dwellers, and there may even be a door person or concierge to sign for packag…

Read More
Board Operations Conflicting Interests
2015 August Conflicting Interests

It starts innocently enough. The plumbing in your building has been giving the residents grief: toilets constantly running, inconsistent water pressure and sputtering faucets. The reserves are low and the three quotes you got from plumbing …

Read More
Board Operations Keeping it Above Board
2012 August Keeping it Above Board

 One of the trickier problems to deal with when you live in a co-op or condo is  dealing with board members who sometimes let the power go to their heads. Even  though they are entrusted with a great deal of responsibility in the smooth  r…

Read More
Management Papers, Please!
2012 March Papers, Please!

 Whether it is redesigning light fixtures in a common space or replacing a roof,  repair jobs and capital improvement projects are like death and taxes, they are  inevitable. Whereas a building administrator or a managing agent most often …

Read More
Q&A Q&A: Candidates and Proxy Ballots
2011 July Q&A: Candidates and Proxy Ballots

Q Can the person running for a board position make his own proxy ballot and cast votes for other people? —Electorally Concerned A “The simple answer to both of these questions is likely yes!” says attorney Marc H. Sch…

Read More
Real Estate Trends Going Rogue
2011 April Going Rogue

There’s nothing worse than dealing with someone who has let their power go to their head, and when you’re talking about a co-op or condo board member who starts to act above everyone in the building, huge problems can arise. J…

Read More
Q&A Q&A: Conflict of Interest Issue
2007 Oct Q&A: Conflict of Interest Issue

Q I’m a board member of co-op building. We have one member of the board who is a real estate broker. He brought one issue to our attention. Our co-op is an owner of a very small piece of land that is adjacent to another building near o…

Read More
Q&A Q&A: Commercial into Residential
2007 Jun Q&A: Commercial into Residential

Q We have a two-building, 146-unit cooperative that has a five-hundred-square-foot ground floor of commercial rental space. It has been vacant for about a month now. We, the board of directors, would like to know: Can this space be con…

Read More