Page 46 - NY Cooperator Expo April 2019
P. 46

46 THE COOPERATOR   —APRIL 2019   COOPERATOR.COM  60 Cutter Mill Road, Suite 303   Great Neck, NY 11021  Phone: (516) 466-3100   www.MajesticPropertyMGT.com  Specializing in:  • Quality Management Services  •  In-House Expertise in Cooperative/Condo:     ›  Budgeting/Financial Planning, Taxes,   Insurance  • Cooperative/Condo Sales  •  “24/7” Emergency Answering Service  •  General Contracting and Supervision of   Capital Improvement Projects  M  ajestic  PROPERTY MANAGEMENT CORP.  A Leader in Propetrty   Management for 30 Years  It’s one of the most important things we do!!!  There were many factors in our developing    a Green Management Program to conserve   energy and save money; most of all, we   wanted to create a healthier environment    for our children.  Ira Meister, President | 375 Pearl Street - 14th Floor | New York, NY 10038     T: 212.699.8900 F: 212.699.8939    imeister@matthewadam.com | matthewadam.com  We invest  in  Future  their  sub-market.  Woofter thinks the Boston is still a ro-  bust seller’s market. Available housing   stock for sale is still very low, and he isn’t   expecting a correction. “Existing zoning   regulations don’t provide for new housing,”   he says. “Additionally, most new condo-  minium buildings don’t have rental restric-  tions, and many foreign buyers continue   to buy units simply to protect their wealth,   even though they don’t live in the unit.”  Overall, 2018 was a mixed-to-down year   for condo and co-op markets nationwide.   The general expectation for 2019 is more of   the same. Clearly, tax considerations, rate   fluctuations, and political uncertainty are   major factors going forward. Perhaps the   best advice to keep in mind is from Marks:   “Markets are not dictated by what you want   as the seller, but rather what people  are   willing to spend – as well as what you’re   willing to accept. Sellers like to think about   their ‘net’ profits, rather than thinking   about what buyers are willing to pay.” In a   buyer’s market, it doesn’t work that way.   n  A J Sidransky is a staff writer/reporter with   The Cooperator, and a published novelist.   MARKET...  continued from page 45  probationary period and are at-will em-  ployees,” Arel adds. “That means that they   can be let go at any time and for no rea-  son. However, that also means that the em-  ployee can leave at any time. As such, the   board needs to understand that it is making   an investment in its community, and in the   individual that it is hiring.”  Legal Considerations  Evaluating and properly screening a po-  tential super is not only a practical matter   for an association; it can be a legal one as   well. In order to stay on the right side of   local labor laws and avoid liability risks, a   board should make sure that it’s perform-  ing its due diligence in the screening, inter-  view, and hiring process.  There are certain questions that a board   should ask itself about who this super is,   and what tasks he or she should be per-  forming, according to Ellen Hirsch de   Haan, an HOA and condo attorney with   Wetherington Hamilton in Tampa, Florida:   “Does the person need any licenses or spe-  cialized training to do the job? If so, the   board  will  need  copies of  those  licenses,   and documentation of any training. What   is the scope of all of his or her duties and   tasks? That needs to be specifically spelled   out in a thorough job description. Does   this person have the authority to spend   money? If so, with whose approval, and   how much? Were they fired from any prior   jobs? Will they be supervising staff? If so,   they should have human resources training   HIRING A SUPER...  continued from page 23  regarding discrimination and harassment.   Will they be interacting with the residents?   Are there any circumstances in which the   super would be inside a home or other-  wise on private property? What are those   circumstances, and what are the rules of   engagement?”  Hirsch  de Haan  also strongly recom-  mends that boards “be sure that the asso-  ciation attorney assists in creating a com-  prehensive contract, which covers not only   the job requirements, but also salary; per-  formance reviews (how frequently, and by   whom); vacation and personal time; holi-  day hours; overtime; term of contract; and   conditions of termination with and with-  out cause.”  “Hiring an employee is a wholly dif-  ferent ballgame from hiring a contractor,”   notes James Stevens, a principal with Chu-  hak & Tecson, a law firm in Chicago. “We   generally recommend that associations   speak with their attorney to review the fed-  eral, state and local laws that may apply to   that  employment  relationship. Laws  that   relate to wages, termination, and minimum   insurance  requirements  may depend on   the number of employees that the associa-  tion has, and increases and decreases can   change which requirements apply. A good   rule of thumb is that getting into the em-  ployment relationship should be as easy as   getting out of it, if at all possible. In the real   world, navigating that relationship – or the   end of it – can be made far easier with an   employee handbook or contract.”  Associations should  also  take into ac-  count the physical requirements of the su-  per’s job, and state them clearly in the job   description. “Subject to counsel’s recom-  mendations – because some requirements   may be impermissible – it’s useful to list the   physical  needs  of  the  particular  position,   if any, so that there are clear expectations,”   Stevens says. “Though we hope it doesn’t   happen, workplace injuries and workplace   disability issues come into focus if an em-  ployee is injured while working on the job.   The  physical  requirements  of  the job,  if   outlined clearly, can help to resolve these   issues if they unfortunately arise.”  “One of the most important questions   to ask is whether the board’s counsel is suf-  ficiently versed in employment matters to   guide the association through the pertinent   employment law issues,” Stevens continues.   “Employment law is just as specific as con-  dominium and cooperative law, and may   be something for which experienced advice   is paramount.”  Your building or association’s super is a   key player in the smooth operation of your   community – so finding the right person   for that position is a serious undertaking   for any board. With a clear sense of needs   and expectations, good advice from profes-  sionals, and a firm grasp of everything the   job entails, your board can position itself   for success in the super search.                    n  Mike Odenthal is a staff writer/reporter for   The Cooperator. 


































































































   44   45   46   47   48