Category: Q&A

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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Q&A
2019 January Q&A: What to Do About a Smoking Neighbor?

Q. I live in a co-op and my neighbor downstairs from me is constantly smoking.  I brought it to the attention of the management and nothing has been done.  What are my options as a shareholder?  Do I bring legal action against management,…

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Q&A
2018 December Q&A: Holding Two Board Roles Simultaneously

Q. The president of our board holds two positions, and his wife holds another. Their friend holds the last position. We had an election yesterday, and two new residents gave speeches running for positions on the board – one for the presid…

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