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Category: Board Operations

Board Operations Transition From Sponsor Control
Transition From Sponsor Control

New York boards have a more difficult time understanding and managing the transition process than other places in the country because specific rules and regulations exist elsewhere to guide them through the process, according to experts at …

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Board Operations Choosing an Attorney
2016 June Choosing an Attorney

Not every condominium or homeowners’ association is going to run afoul of the law—the happy truth is that litigation and legal trouble are relatively rare occurrences. However, even the most upstanding board in New York City must navigate a…

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Board Operations Are Large Assessments Avoidable?
Are Large Assessments Avoidable?

Take a trip with me across the beautiful Hudson River, to West Orange, New Jersey, where homeowners in a condominium community are currently being billed an average of $30,000 per household to replace faulty siding. As reported by CBS New…

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Board Operations When Co-op Board Interviews Go Bad
When Co-op Board Interviews Go Bad

As with a first date or job interview, sitting before a cooperative board to plead your case for buying into its community is a daunting prospect. Though the pressure may be high, board interviews tend to be pretty straightforward. But what…

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Board Operations Meeting Reminders
2016 April Meeting Reminders

On a consistent basis, a group of elected shareholders or unit owners, for co-ops and condos respectively, meet to conduct the building’s business.  This group is known as a Board of Directors (co-ops) or a Board of Managers (condos).  The …

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Board Operations Managing Owners' Renovations
2016 March Managing Owners' Renovations

All you have to do is turn on the TV these days to know how popular kitchen and bathroom renovations have become. Backsplashes, stainless steel appliances, subway tiles, granite countertops, glass-enclosed showers, soaking tubs—the list of …

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Board Operations How to Run a Successful  Board Meeting
2016 February How to Run a Successful Board Meeting

Having served the greater New York co-op and condo community for more than 60 years, Argo Real Estate is fully committed to educating and supporting its board members. Argo University is a quarterly educational session for co-op and condo b…

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Board Operations Co-ops Around the Globe
2016 February Co-ops Around the Globe

It’s cheaper for two families to pool resources and share a house than for the same two families to buy two houses. This underlying concept has been around since people starting building houses.  As a report by the National Cooperative Law…

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