Tag: OLSHAN GRUNDMAN FROME ROSENZWEIG & WOLOSKY LLP

Q&A Q&A: Dealing with an Intimidating Board President
2011 July Q&A: Dealing with an Intimidating Board President

Q We have a president in a cooperative building that has secret meetings and does everything possible to force his ideas on the membership. He is seemingly vindictive and tells owners if they don’t like it they can move. What can we d…

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Q&A Q&A: Home Equity Loan Requests
2008 Aug Q&A: Home Equity Loan Requests

Q I am on the board of a cooperative building in New York City. We have recently received two requests from shareholders looking to borrow additional funds by taking out a second loan, (in each case an equity line of credit arrangement) t…

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Q&A Q&A: Secondhand Smoke
2008 March Q&A: Secondhand Smoke

 The tenant below me smokes nonstop. Her windows are always fully open and the smoke travels directly into my  apartment above. My apartment smells like an ashtray and of course leaves us vulnerable to  second-hand smoke. Even with our wind…

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Q&A Q&A: Missing Maintenance
2007 Oct Q&A: Missing Maintenance

Q We are having a few issues with our co-op board and the management company. Since the new management company has been ‘in power’ (about three years) the maintenance payments have been raised more than 20 percent in two increases. The …

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Q&A Q&A: Lethal Airborne Waste?
2006 Oct Q&A: Lethal Airborne Waste?

Q I live in a large co-op on the Upper East Side which consists of 300 units. Six residents on the second floor, including myself, have terraces. Over the years large quantities of various items have come out of the windows above us and…

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Q&A Q&A: A Receipt for Maintenance
2006 Oct Q&A: A Receipt for Maintenance

Q Do we, as a co-op collecting maintenance, need to comply with a shareholder’s written request, pursuant to RPL: Article 7 Section 235-e for written receipts for maintenance paid by personal check? Does this section even apply to maint…

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