They say that two heads are better than one—but what about eight? It seems that when a group of people in the same line of work get together to discuss what they do and how they do it, they often come away with new information, fresh p…
Q I have been a shareholder in my Brooklyn co-op since 1986, and am facing a problem that has come up since my husband’s death almost 18 months ago. My husband was an active participant on our board of directors—past president, vice pre…
Q For many seniors living in co-ops and condos, the viability of placing their owned units into revocable or irrevocable trusts has become an area of interest. The major problem with this is that boards and managing agents are re…
While not a common practice, boards of directors of New York cooperatives have, at times, reached the decision to evict a shareholder based on objectionable conduct. Nearly every cooperative corporation's proprietary lease contains a sectio…
There's a lot of paperwork that's involved in running a co-op or condo building - everything from financial records to legal documents, shareholder correspondence and management statements from board meetings - and it's important that the …