Tag: Smith Buss & Jacobs LLP

Q&A Q&A: Basement Noises
2007 Jul Q&A: Basement Noises

Q For the past 2 months our apartment, which is on the ground floor above the basement, has been inundated with a loud noise from a faulty system of leaking pipes and non-working control valves, causing the sump pump to cycle on and …

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Q&A Q&A: Use of the STAR Abatement
2006 Oct Q&A: Use of the STAR Abatement

Q Our co-op owners were just notified that the board has decided to appropriate the New York state School Tax Relief (STAR) tax abatement due to us for 2001/2002 and 2002/2003 as an assessment to do work on the building. Is this legal? …

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Q&A Q&A: Unfair Allocations
2006 Sep Q&A: Unfair Allocations

Q Our 20-floor co-op consists of two small buildings. The building went co-op in 1982 and the sponsor/owner converted from oil to gas, removed the boiler at his expense, and converted the basement space into a 1,200-square-foot-duplex …

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Board Operations Future World
2006 Jul Future World

Most of us don’t like to spend a lot of time contemplating our so-called “final wishes”—we’d much rather leave planning our wills and executing our estates for another day. Uncomfortable as the subject is for many people however, it’s …

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Finance Co-op to Condo Conversion:
1999 Dec/Jan Co-op to Condo Conversion:

Last summer, a financially beleaguered 47-unit cooperative at 30 West 90th Street in Manhattan made news when it converted to condominium status. That was not the first time a co-op converted to condo. A Teaneck, New Jersey co-op underwent …

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