Tag: Stephen M Lasser

Finance Collecting Arrears
2016 July Collecting Arrears

The majority of co-op and condo residents pay their monthly maintenance fees on time and in full with no problem. The recent recession, however, changed the picture drastically for residents who found themselves laid off, under-employed, or…

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Management Crowd Control
2013 July Crowd Control

 Out of nowhere, someone is regularly using the parking space you have had for  years. And strangers are appearing regularly in your building’s hallways, though you’re not sure where they belong or if they should even be there. Strangely, …

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Q&A Q&A: Power Grab
2012 February Q&A: Power Grab

Q I am a co-op owner. A renovation plan for my apartment was approved by the building, the board and the city. Con Edison added a new power line to the building at no cost because the building was at its capacity for the existing electr…

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Law & Legislation The Paper Chase
2011 June The Paper Chase

 With homeownership comes great responsibility. For co-op and condo residents,  part of that responsibility means sorting through the seemingly mile-high  stacks of documents handed to you before, during and after the purchase process  beg…

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Law & Legislation "Phantom" Boards
2011 June "Phantom" Boards

 As the directors of a cooperative corporation, co-op board members have a number  of duties to their shareholders, chief among them to preserve and improve their  investment and to maintain and/or improve shareholders’ standard of living …

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Board Operations Mind Your Manners, Mr. Board President
2010 October Mind Your Manners, Mr. Board President

 The job of a co-op or condo board member seems pretty straightforward: have  meetings, take votes on this or that item of business, approve checks, keep an  eye on the budget, and so forth.    That’s the administrative part of the …

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Finance Paying Up
2010 July Paying Up

 While news of defaults, liens, and other financial train-wrecks have dominated  the news and caused many building boards plenty of sleepless nights, co-ops  have been lucky. While a spike in defaults on maintenance payments over the  last…

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Real Estate Trends It's Expo Time
2010 March It's Expo Time

Spring has officially sprung, and with it comes The Cooperator's 23rd annual Co-op & Condo Expo. This year's show will be presented on Tuesday, April 27, 2010, from 9 a.m. to 5 p.m. at the Hilton New York, 1335 Avenue of the Americas at 53…

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