Category: Q&A

Q&A
2006 Mar Q&A: Will vs. Trust

Q I have been a shareholder in my Brooklyn co-op since 1986, and am facing a problem that has come up since my husband’s death almost 18 months ago. My husband was an active participant on our board of directors—past president, vice pre…

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Q&A
2006 Feb Q&A: Terrace Terror

Q I live in a two-building co-op in the Riverdale section of the Bronx. Our board has undertaken the renovation of the terraces of both buildings, and the renovation requires any shareholders, who built enclosures around their terraces…

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Q&A
2006 Feb Q&A: Filling a Board Vacancy

Q Subsequent to the election of directors at our co-op’s first board meeting, an electee resigned due to personal reasons. The management agency advised against appointing a replacement to the board for approximately four months, the re…

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Q&A
2006 Jan Q&A: Holiday Help

Q Can a co-op board restrict outside contractors on a religious holiday? If so, is it legal for this to be done for only one religion? The board of my co-op has restricted work on all, including the minor, Jewish holidays. By ‘mi…

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Q&A
2006 Jan Q&A: Trust Issues

Q For many seniors living in co-ops and condos, the viability of placing their owned units into revocable or irrevocable trusts has become an area of interest. The major problem with this is that boards and managing agents are re…

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