Category: Shareholder Relations

Shareholder Relations
2008 Feb A Look at Archaic Bylaws

On a classic episode of the TV show The Simpsons, the town read its founding charter only to discover that the mayor of Springfield was supposed to get two pigs every year. While there are probably no co-op or condo documents in eff…

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Shareholder Relations
2008 Feb New Legislation Changes the Game

For decades, co-op boards and managers have had to walk a delicate line between generating revenue and obeying the law when it came to renting out space in their buildings to commercial tenants. As of December 20, 2007, that has cha…

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Shareholder Relations
2007 Aug Co-ops and Condo as Movie Sets

They torched cars and set fires throughout the park and around our building in 50 mile-per-hour winds. And, yes, the fire spread to unprotected areas. It may sound like a scene from a war zone, but that's actually a local resident's…

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Shareholder Relations
2007 Feb Under the Microscope

Admission requirements for co-op buildings in New York City are typically pretty stringent. A board has the authority to require prospective purchasers to provide extensive financial documentation along with social and personal reference le…

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