Tag: Real estate

Buying & Selling Caveat Emptor, Buyer Beware
Caveat Emptor, Buyer Beware

For decades, the due diligence required for real estate transactions has fallen more to the seller than the buyer. Would the buyer qualify for the purchase? Would they pass the board interview? Co-op owners wishing to sell their units often…

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Real Estate Trends From the Court to the Board
2017 April From the Court to the Board

Over the past few months there have been several interesting and insightful court decisions. Here are a few legal cases that provide some helpful lessons for boards and managers alike. 19 Pond, Inc., et al. v. Goldens Bridge Community Asso…

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Board Operations Going for Broke(r)
Going for Broke(r)

When looking to buy or sell a unit in a condominium or cooperative, the layman may be forgiven for feeling overwhelmed. In the cutthroat world of New York City real estate, stakes are high, and to expect anyone who is undergoing a move to b…

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Board Operations Upholding Your Fiduciary Duty
2015 October Upholding Your Fiduciary Duty

Being on the board of a co-op or condo is a big responsibility—one that shouldn’t be taken lightly. While some people may run for a board seat just to have the title, they need to be prepared to govern fairly and make decisions that are in …

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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 …

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The Cooperator’s 28th Annual Expo
2015 May The Cooperator’s 28th Annual Expo

Thousands of board members, managers and building owners packed the aisles of the Hilton New York exhibit hall as The Cooperatorpresented its 28th Annual Co-op & Condo Expo, providing networking, informational and educational opportunities…

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