Category: Q&A

Q&A
2019 April Q&A: Penalizing Neighbor for Noisy Grandkids

Q. I have an upstairs co-op shareholder who hosts four grandchildren every weekend, and allows them to run, jump, stomp, and roughhouse late into the evening from the time they arrive on Friday until they leave on Sunday around 9:00 pm. A…

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Q&A
2019 April Q&A: Breaking Up Is Hard to Do

Q. My fiancé and I share a co-op, and we are not getting along. I want out, but he doesn’t. The co-op is in both our names. So what would happen? Do we have to sell and vacate? Truth be told, he no longer wants to be with me. I want to se…

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Q&A
2019 April Q&A: Stock Certificate Problem

Q. I am a former board member who held the office of secretary. I have a question pertaining a stock certificate. I signed a stock certificate regarding a shareholder (who died in 2010) that was approved by the previous board and issued i…

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Q&A
2019 March Q&A: Neighbor’s Leaky Radiator

Q. Recently I had a leak from a faulty radiator coming from the co-op unit above me that damaged a part of my ceiling – roughly a 30” x 40” area. The superintendent fixed the leaky radiator, and some time later scraped the water-damaged p…

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Q&A
2019 March Q&A: I Wanna See the Books!

Q. I am a shareholder in a cooperative apartment, and I believe that building money is being used for personal uses. I have been denied access to the building’s books.  As a shareholder, what can I do to see them?                        …

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Q&A
2019 March Q&A: Addressing Mismanagement Issues

Q. How do you go about filing a complaint against the board and property management for financial mismanagement? We suspect the board has exhausted its operating expense budget on items that are deemed capital expenses. The board is now a…

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Q&A
2019 February Q&A: Asbestos Request Goes Ignored

Q. What can be done when a co-op building has pipes in the building that proved to be positive for asbestos, and the building refuses to release the test results to shareholders who are affected? Are they entitled to get results ?       …

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Q&A
2019 January Q&A: Who’s Financially Responsible for Repairs?

Q. There is structural damage in a sponsor-owned apartment. The rent-controlled tenants who live there require specific accommodations within their apartment due to a disability. The overall construction is the co-op’s responsibility; how…

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