Category: On The Board

Board Operations
2000 Oct Combat Homeowner Apathy

It’s the beginning of another meeting in your building and even though signs were posted throughout the lobby and on bulletin boards, the crowd is sparse. To make matters worse, the few owners or shareholders who are in attendance have only…

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Board Operations
2000 Oct Getting the Message Out

Who would visit a medical office that did not have running water? Many would question whether the office was sanitary. This occurred to a doctor who used a Forest Hills co-op unit as his office. Management placed a notice under residents’ d…

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Law & Legislation
2000 Sep Regulated Renters' Rights

Think you don’t need the services of that 24-hour doorman in your co-op anymore? Better check with the rent stabilized tenants with whom you share the building. Chances are their leases provide protection against the elimination of building…

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Board Operations
2000 Aug Enforcing House Rules

Building house rules are the "Thou shalt not’s" of the co-op and condo world. Unlike the proprietary lease or bylaws, which cover operational and administrative matters, the house rules cover behavior of the residents–you know, the types of…

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Law & Legislation
2000 Aug Terminating Sponsor Leases

Many New York City co-ops have garages leased to the sponsor dating back to the co-op’s conversion. Though these garages, described by one judge as "a veritable gold-mine," throw off riches mostly to the sponsor, a little-known federal stat…

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Board Operations
2000 Jul The Ins and Outs Of Illegal Sublets

In today’s booming real estate market everyone is looking to turn a profit. Should co-op shareholders be any different? Everyone wants a piece of the pie but at what cost? Subletting cooperative apartments can be very simple if you follow t…

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Law & Legislation
2000 Jun Laying Down the Law

New York, my old home state, presently litigates all co-op and condo disputes. Litigation, however, continually proves to be an expensive and time-consuming endeavor. Perhaps it’s time for New York to consider compulsory mediation-arbitrati…

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Law & Legislation
2000 Jun Board Members Beware

As we enter the 21st Century, issues of equality continue to be a problem in the United States. As such, government has created a complex set of laws to protect people from discrimination, but the problem has still not gone away. The respon…

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Board Operations
2000 May NORC Program

Last month, the New York Association of Realty Managers (NYARM) hosted a seminar on a somewhat new phenomenon known as "NORCs." Short for "Naturally Occuring Retirement Communities," the acronym has come to mean much to many seniors through…

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