Page 3 - CooperatorNews New York June 2022

COOPERATORNEWS.COM COOPERATORNEWS — JUNE 2022 3 TABLE OF CONTENTS Yale Robbins Publisher Henry Robbins Executive Vice President Joanna DiPaola Associate Publisher Hannah Fons Managing Editor Darcey Gerstein Associate Editor Pat Gale Associate Editor Shirly Korchak Art Director Anne Anastasi Production Manager Alan J. Sidransky Staff Writer CooperatorNews is published monthly by Yale Robbins Infomedia, 205 Lexington Ave., New York, NY 10016, (212) 683-5700. President: Yale Robbins, Executive Vice President: Henry Robbins. Subscriptions are available free by request to co-op and condo board members and homeowner associations. POSTMASTER: Send address changes to CooperatorNews, 205 Lexington Ave., New York, NY 10016. Yale Robbins Infomedia 2022. All rights reserved. Application to mail Periodicals postage rates is pending at New York NY. FREE Subscriptions for Board Members, Property Managers and Real Estate Decision Makers. To Subscribe, please visit us at: cooperatornews.com/subscribe Peter Chase Director of Sales Fred Marks Director of Sales R , E , E C C - ..... In a rental building, the landlord has certain rights under certain circumstances to remove a tenant from his property before the expiration of their lease. In a private home setting, the only real path to removing an owner is through foreclosure—usually due to a mortgage default. But what about in a multifamily setting like a condominium or a co-op? In short, it’s complicated. D W C C - C ...... . Even before the pandemic and social unrest of the last few years, interpersonal conflict and outright hostility often surfaced in the co-op and condo environment, forcing boards approach. Others prefer to stick to “tried and true” designs to suit their aesthetic prefer- and managers to deal with both legitimate grievances and conflicts that are sometimes less than rational. Whether a conflict arises between neighbors, between residents and management, or between tenants and the board, it’s vital to address it swiftly and diplo- matically to maintain a functioning, livable community. O N O .... First-time buyers in condo associations, co-ops, and other multifamily residential com- munities are often surprised—and a bit confused—by the way in which their new build- ing or HOA operates. L , I 7.56 5.278 5.278 4.634 3.878 3.402 8.442 2.534 4.998 Q A..................... F W ................ S D .......... The Secret to Happy, Healthy, Productive Co-op & Condo Boards? Gallet Dreyer & Berkey, LLP Attorney Advertising At Gallet Dreyer & Berkey, LLP, we provide clients with the personalized service of a smaller firm and with the resources of a large firm. As leaders in the field of Cooperative & Condominium Law for over 40 years, our experience covers all of your interests, including: • General Counsel to Cooperatives & Condominiums • Preparation of Contracts & Leases • Mortgage Refinancing & Condominium Loans • Preparation of Offering Plans & Amendments • Litigation & Arbitration in all Forums • Enforcement of Shareholder & Unit Owner Defaults • Income & Real Property Tax Advice • Proceedings Before the Attorney General 212-935-3131 | GDBLAW.COM | INFO@GDBLAW.COM