Tag: Adam Leitman Bailey

Q&A
2011 March Q&A: Subletting vs. The Board

Q I am the owner of a one-bedroom apartment on the Upper West Side of Manhattan. I have a legal subtenant who filled out all forms and paid all the fees as described on the required two-year lease provided by the board, including that o…

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Board Operations
2010 October Put it in Writing

The sitting president of a Connecticut condo board recently approached the property manager with a proposition: If he saw to it that her contractor boyfriend was awarded certain jobs in the building, the property manager would receive …

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Q&A
2010 August Q&A:Can Co-ops Allow Roommates?

Q I live in a self-managed co-op and we are getting conflicting information about whether co-ops can disallow roommates or not. We've heard that the board of directors has absolute decision making power over whether or not to allow room…

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Law & Legislation
2010 June A Burning Issue

The late 1990s saw a surge of nationwide smoking restrictions put into effect. State by state, legislation banning smoking in various settings was proposed and passed into law. With varying amounts of resistance and controversy, workpl…

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Law & Legislation
2010 June Go Ahead, Sue Me!

Lawsuits are an unfortunate, expensive fact of life these days—chances are that at some point in your lifetime you’ll be involved in one to at least some degree. In you live in a co-op or condo community, legal issues arise between board…

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Real Estate Trends
2010 April Living Side By Side

In today’s difficult economic times, more and more co-op and condo owners and boards are constantly on the lookout for new ways to improve their bottom line. It’s one of the many reasons that more and more renters are moving into co-op a…

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Q&A
2010 March Q&A: A Board Member's Self-Interest

Q What do you do when a board/board member rejects you as a prospective buyer for self-serving gain? My husband and I were in contract on an apartment where we were paying in cash, had no mortgage, could easily pay the maintenance ev…

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Management
2010 Jan Managing Distressed Properties

Almost any veteran property manager can tell tales of buildings that have fallen on rough times thanks to the economic meltdown of the last few years. Some have been beset by multiple unit foreclosures, others are dealing with defaultin…

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