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Category: On The Board

Law & Legislation Lead Paint, Taxes, Sidewalk Liability
2002 Jun Lead Paint, Taxes, Sidewalk Liability

Although most political watchdogs and legal experts cite the city and state budget woes as a reason for the slow legislative year, a number of important initiatives of interest to co-ops and condos are currently under review. New Yo…

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Law & Legislation Stand Up and Speak
2002 Jun Stand Up and Speak

Since the attacks and subsequent collapse of the World Trade Centers in Lower Manhattan last fall, area residents, business owners, real estate professionals, developers, and concerned citizens' groups have been doing their best to navig…

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Board Operations It's Court Day
2002 Apr It's Court Day

There’s no question that the Internet has revolutionized the way the world communicates. E-mail has become such an integral part of our lives and work, it’s hard to imagine how anybody got anything done without it. Fast and convenient a…

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Law & Legislation Broker Uses Inside Info to Defraud Clients
2002 Mar Broker Uses Inside Info to Defraud Clients

In the course of representing and negotiating for the interests of their clients, real estate brokers are often privy to sensitive or confidential information. Whether buying or selling, residential or commercial, super-luxe or no-frills sp…

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Board Operations Fear of Rejection
2002 Mar Fear of Rejection

More than 100 board members, residents, and guests recently gathered to hear a workshop seminar on how boards can avoid discriminatory practices when approving applications from prospective purchasers. The seminar panels were held in conjun…

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Law & Legislation Brace Yourselves
2002 Feb Brace Yourselves

In April 2001, the Committee of Condominiums and Cooperatives of the Real Property Section of the New York State Bar Association, the Association of the Bar of the City of New York, and the New York County Lawyers Association approved a new…

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Law & Legislation Controversy and Confusion
2002 Feb Controversy and Confusion

In October 2000 Judge Louis York (New York Supreme Court, First Judicial Department) issued a decision that annulled the City of New York’s lead-poisoning prevention statute, commonly called Local Law 38. In the many news articles and attor…

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Board Operations Fraud Detection and Prevention
2002 Feb Fraud Detection and Prevention

Although the US economy appears to have been in a steady decline for some time, it would seem that financial fraud and abuse are, unfortunately, "growth sectors." In 1996, the Association of Certified Fraud Examiners (ACFE) published i…

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Management Relations Don't Be a Pest
2002 Feb Don't Be a Pest

Few things are more important for a building than having a competent managing agent willing to work closely with board members to make their home a safe, harmonious place to live. A big part of any good managing agent’s job is to be "on cal…

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