Category: On The Board

On The Board Co-op Governance & Transparency
Co-op Governance & Transparency

Co-op buildings, as we know, are governed by boards of directors elected by the shareholders of the co-op. Candidates often campaign for a seat on the board, not unlike politicians campaigning for public office. But is a co-op a democracy? …

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Shareholder Relations Neighbor Noise
Neighbor Noise

Noise is an acknowledged part of urban life - particularly apartment living.  Some of it - traffic, garbage collection, people shouting on the street - is external, and is controlled (theoretically, anyway) by zoning laws and noise ordinanc…

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On The Board A Look at Board Powers
2021 March A Look at Board Powers

When one buys a private single-family home, it’s clear who the king or queen of the castle is: the homeowner. When it comes to condominiums and cooperative apartments, however, the relationship between owner and property is a little more co…

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Board Operations Board Style & Management
2021 March Board Style & Management

Condos and co-ops are unique in their management structure, of which there are two levels: the board of the association or corporation, which governs the community on behalf of the unit owners or shareholders, and a hired management agent, …

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Law & Legislation Transferring Board Power Without a 'Condo Coup'
Transferring Board Power Without a 'Condo Coup'

When purchasing a residence in a condominium, homeowners association or a co-op, you by default agree to reside in a community association. You live in relatively close proximity to your neighbors and equally share the right to utilize comm…

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