Q We are having a debate among shareholders about whether a radiator within the apartment is classified as “standard building equipment.” We understand that we need to pay to replace a valve that leaks. But if that leaky valve causes…
Category: Q&A
Q Our board president recently made a statement that "our building is essentially controlled by the building Service Employees International Union (SEIU) Local 32BJ." What does this mean? Are there some sort of documents to accompany…
Q My mother recently passed away and I inherited her shares in a Mitchell-Lama co-op building. It's taken quite some time to run down the paperwork, and make preparations to empty the unit, and the building management has not been at al…
Q “My co-op recently charged a shareholder for a letter written to her by the co-op’s attorney. Other shareholders have received similar letters but haven’t been charged for them. Is it permissible for the board to charge such a fee an…
Ladies of the Night? Q I am writing to find out information on how to deal with a current problem in our condo building in New York City. We have recently noticed a couple of apartments being used as brothels. We live in a new, …
Q Does the sunshine law pertain to co-ops? And if so how, as far as keeping shareholders in the dark about misused finances? We recently overturned our board except for the president that still is finishing her term. The new vice pre…
Q If a co-op board member collects proxies from other shareholders and she or he uses those proxies to advance her/his own interests orpersonal opinion, to move forward a proposed amendment of the proprietary lease, for example; is t…
Q The board of directors at my co-op recently mandated that every apartment must carry homeowner’s insurance and list the complex as “additionally insured.” My insurance agent says that by listing them as “additionally insured” on the po…
Q “My boyfriend and I live in a co-op apartment. The mortgage is in my name but he is listed as a co-resident of the apt. If we break up, is there a chance that we would have to sell the co-op to split the ownership of shares? What l…