Category: Board Operations

Board Operations Fiduciary Duty
2012 October Fiduciary Duty

 Being elected to the board of directors of a co-op or condo comes with a great  deal of power, and with that power also comes a great deal of responsibility. Whether they serve a co-op or condo community, board members, in their position  …

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Board Operations The Benefits of Being on the Board
2012 October The Benefits of Being on the Board

 Many co-op and condo owners want to get involved in their community but they  soon find out that being on the board is no picnic. Soon neighbors are  pestering them asking for feuds to be settled, decisions that affect all  resident’s liv…

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Board Operations Boards Underwater
2012 October Boards Underwater

When the bank took back a Harlem condominium, the rest of the building's residents were stuck with years of unpaid arrears by the former resident. “There was a tremendous amount of arrears from about three or four years already accruing…

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Board Operations Getting Ahead of the Curve
2012 October Getting Ahead of the Curve

 It's almost a mantra: the more you know, the better off you are—certainly when it comes to doing the job of a cooperative, condominium or HOA  board member. No matter how enthused and engaged a new board appointee may be,  they don't come…

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Board Operations How to Deal with Difficult Neighbors
2012 September How to Deal with Difficult Neighbors

 As an attorney and an apartment dweller, Michelle Freudenberger had seen it all  and more when it comes to living with difficult residents.    “I lived next door to twin toddlers whose parents were both attorneys,” says Michelle, w…

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Board Operations Board Members for Life
2012 September Board Members for Life

 It is one of life’s eternal questions: is it possible to have too much of a good thing? That  question certainly can apply to the matter of long-serving board members: those  individuals who get elected and re-elected term after term and …

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Board Operations Keeping it Above Board
2012 August Keeping it Above Board

 One of the trickier problems to deal with when you live in a co-op or condo is  dealing with board members who sometimes let the power go to their heads. Even  though they are entrusted with a great deal of responsibility in the smooth  r…

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Board Operations Under Your Wing
2012 August Under Your Wing

 Remember your first day at a new school? Most likely, you didn’t know a soul, had no idea what the students were learning and you probably felt  nervous, intimidated or maybe even afraid. In most cases, this is what it’s like to be a new …

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Board Operations Keeping Cool Under Fire
2012 April Keeping Cool Under Fire

 The good news is, after a fallow period in the depths of the recession, the  construction industry in New York City is starting to come back. However, with  that activity comes the potential for disputes and property damage, especially  w…

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Board Operations Living with a Difficult Neighbor
2012 April Living with a Difficult Neighbor

It’s not necessarily to the degree of the Hatfields vs. the McCoys, the famous mountain clan involved in a decades-long blood feud, but living side-by-side in a co-op or a condo can, needless to say, get pretty heated on occasion. …

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