Category: Board Operations

Board Operations
2003 Oct Pullman, Six Months Out

In May, in a decision that has confused - and alarmed - some New York co-op shareholders, the New York Court of Appeals ruled that co-op boards had the right to apply the business judgment rule to vote so-called "objectionable tenants" ou…

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Board Operations
2003 Oct And the Winner Is...

No matter how a building's governing documents are worded, co-ops and condos have to hold board elections at regular intervals. More importantly, every effort must be made to let shareholders know when and where the elections will be held,…

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Board Operations
2003 Oct Surviving the Rough Patches

Even among the closest friends, conflict is inevitable. It's no surprise then that the relationship between shareholders and boards can sometimes be contentious. Problems can range from small-scale squabbles to multi-million dollar lawsuit…

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Board Operations
2003 Sep Stoking the Fires

In a few months, the hot summer weather will be just a distant memory, and all that time spent trying to get cool will be behind us. Instead, co-op and condo residents will be turning up the thermostat for some soothing warmth. Now is the …

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Board Operations
2003 Aug Roundtable II: The Sequel

Following up on the success of the informal roundtable discussion jointly hosted by The Cooperator and the Federation of New York Housing Cooperatives and Condominiums (FNYHC) this past February, a group of area co-op and condo board presi…

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Board Operations
2003 Aug Absolute Power

"I'm on the board of my co-op in Queens, and there's a problem with our current president; without consulting the other board members, he has cancelled our upcoming meeting, saying there's "˜nothing on the agenda,' and he signs service and …

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Board Operations
2003 Jul No Ifs, Ands....Or Butts

It's not easy to be a smoker in New York City these days. It has become commonplace to see office workers in front of skyscrapers lighting up, or to hear announcements prohibiting smoking in theaters and other public venues. And now, under…

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Board Operations
2003 Jun Coming to the Rescue

Bad things happen to good buildings; it's a fact of life. From tyrannical sponsors to maintenance mishaps, there's plenty to go wrong - and when it does, your life can be made miserable. But sometimes a truly inspired manager can pull a ha…

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Board Operations
2003 Jun Parking Dynamics

Driving around Manhattan can be a hazardous sport. Cabbies signal lane changes by changing lanes. Brazen bike messengers yield for few things, and stop for fewer. Congested pedestrian groups form walls as they cross the street, stymieing c…

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Board Operations
2003 Jun We Meet Again

Of all the goings-on in the thousands of co-op and condo buildings in New York City, perhaps none inspires more questions and confusion than board and shareholders' meetings. How often must meetings be held? What gets decided at meetings? …

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