Page 18 - The NY Cooperator September 2019
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18 THE COOPERATOR —  SEPTEMBER 2019   COOPERATOR.COM  ENGINEERING, ARCHITECTURE AND ENERGY CONSULTING   Proudly Serving Higher Education Institutions  WE HAVE NYC COVERED  The Falcon Group is a unique, full-service Engineering,   Architectural & Energy Consulting firm. Falcon’s primary   focus is on existing facilities ranging from site, building   envelope and energy improvements. Our full-service   capabilities focus on your building’s specific needs.   Falcon’s mission is to ensure each of our clients are   held at the highest level of individualized service.  ENGINEERING & ARCHITECTURE    BUILDING ENVELOPE RESTORATION & FISP   NYC SPECIAL INSPECTIONS   MEP & ENERGY CONSULTING SERVICES  350 7th Avenue, Suite 2000        New York, NY 10001         www.falconengineering.com        (800) 839.7740  BOARD OPERATIONS  Board Transition   Switching Smoothly From Old Board to New  BY MIKE ODENTHAL  Community associations are microcosms  Garthchester  Realty,  which  has  offi  ces  in   of democracy, run by an elected board of vol-  unteers trusted to make good decisions on  many buildings, the same board remains   behalf of the community as a whole. Boards  year aft er year, as the members all seek re-  make the call on every large and small is-  sue  for  their  constituency.  So  it’s  not  only  majority of board members to return so that   imperative that these members are carefully  they can catch up new shareholders, as well   vetted and selected, but that during transi-  tions of power from one board to the next,  bers can also review monthly reports and   members with more experience help ease in  minutes from the previous year in order to   the newcomers to shorten the learning curve  better understand what the prior board had   and smooth the transition.   Board  transitions  usually  happen  aft er  synopsis covering  what’s  currently under-  elections at the annual association meeting  way, what projects we’re involved in, etc.”  (oft en in smaller communities, the same   people will be elected or appointed to the  not universal by any means, they are becom-  board year aft er year, which in the absence  ing increasingly common within the govern-  of formal term limits is not necessarily a bad  ing documents of associations, according to   thing). But they can also take place when a  Philip Renzi, Principal with property man-  board of owners or shareholders in a new  agement fi rm Renzi Bulger Group in Arling-  development takes the reins from the spon-  sor or landlord. Th  ere are nuances unique  staggered terms: “Th  is allows some continu-  to these individual scenarios, but all involve  ity on the board each year, and allows the   new members acclimating to their roles and  board to keep momentum on projects or   relying on the expertise of those who pre-  ceded them.  Continuity Is Key  It’s pretty rare to see the constitution of a  documents to include them.”  community association board change com-  pletely from one election to the next. Unless  to help guide the board around any bumps   there’s major upheaval – usually as a result of  in the road. “Ultimately the manager should   some type of scandal – at least a few board  have a list of action items and progress re-  members will be holdovers from the previ-  ous administration.  “A staggered board tends to work best,”  says Renzi. “Th  e manager should also ensure   says Claudine Gruen, Vice President at  that the incoming board and management   Forest Hills and Scarsdale, New York. “In   election. In my opinion, you want at least a   as any fi rst-time members. Th  ose new mem-  done. As management we also provide a tidy   While term limits for board members are   ton, Massachusetts. He also recommends   initiatives. If there are not staggered terms in   place, the board should speak to its lawyer   about the amendment process and alter their   Of course, management companies exist   ports on what the previous board was dis-  cussing, voting on, or had already approved,” 


































































































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