2019 November
Focus on... Building Maintenance

Maintenance
2019 November Elevator Refurbishment

No matter how well constructed and carefully maintained, no mechanical system lasts forever – and that goes for elevator cabs and equipment just as much as it applies to roofs or boilers. At some point, your building’s vertical transportati…

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Maintenance
2019 November Maintaining Air Quality

Any time you have hundreds or even thousands of people living in close quarters – in a multifamily co-op or condo building, say – certain challenges inevitably will arise. One of the bigger ones is how to maintain the flow of fresh, hygieni…

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Maintenance
2019 November Fireplace Safety and Maintenance

Some lucky New Yorkers can come home from work on a cold winter’s night and warm their feet by a roaring fire while drinking a hot toddy. A working fireplace is a coveted amenity for many, adding a dash of vintage charm to prewar apartments…

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Management
2019 November Inheriting Co-op Shares

Say you and your spouse own a single-family home. You’ve got two grown kids and a couple of grandchildren. When the time comes, assuming your will and other end-of-life documents are in order, seeing to it that your property and assets are …

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Q&A
2019 November Q&A: Improper Power Grab Threatens Co-op

Q. I live in a Housing Development Fund Corporation (HDFC) building in the Bronx. My building has no meetings or elections, and shareholders are not informed of our financial status at all. The treasurer’s son has taken complete control a…

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Q&A
2019 November Q&A: Staff Holiday Fund Tax Implications

Q. For more than 30 years, my condominium building has had a resident-managed fund that collects cash gifts for the staff at holiday time. This has worked very well and was always 100 percent independent of the condominium board and the m…

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Q&A
2019 November Q&A: Is My Co-op Ignoring ADA?

Q. My 88-year-old mother has just moved into a co-op on Staten Island where I am also a shareholder with a legal parking spot in the building’s garage. My four sisters and I are her daily caregivers. She is unable to walk securely to any …

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