While the ‘Green New Deal’ and other long-term climate solutions are being debated at the federal level, some states and municipalities are getting in on the action as well, setting legal emissions benchmarks that will have a real impact on…
Tag: Thomas D Kearns
Late last year, a conflict developed between a board and some residents at the Windsor Oak co-op in Queens over shelters protecting a colony of feral cats that lived behind the property. As the New York Post reported, a contingent o…
In late January (as has been reported elsewhere ), six residents of the St. Tropez condominium located on Manhattan's Upper East Side, filed a lawsuit against two board members of the association stemming from a rooftop facade co…
When electing board members to serve on behalf of your condo or co-op community, you expect them to act as crusaders for prosperity, considering the needs of the building and the people who live there to be paramount when making their deci…
While essential to the successful operation of all cooperatives or condominiums, the contents of governing documents are often only glossed over by otherwise well-intentioned boards members and managing agents leading to potential pitf…
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…
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…
Q Our building is being run by family-based board members. The building is falling apart and there are apartments that have been sitting empty for more than 10 years. We have never seen a financial report. What can we do to change this? …
Q I am vice president of our board and we have 102 shareholders. One shareholder in particular seemingly has a vengeful axe to grind with the board and distributes critical letters to all shareholders condemning every action or boar…
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…