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Category: On The Board

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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Law & Legislation Structural Vs. Non-Structural Repairs
2012 July Structural Vs. Non-Structural Repairs

 A leaking pool, a wall in need of repair, a faulty exhaust system, chimney and  furnace repairs… Who’s responsible for fixing them? Generally, most leases provide that “structural” repairs are the landlord’s responsibility and that “nonst…

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Law & Legislation Co-op Board Members Not Held Liable
2012 July Co-op Board Members Not Held Liable

Individual cooperative board members scored a major victory recently in the case of Weinreb v. 37 Apartments Corp., et al, an appellate court decision that relieved them of certain responsibilities when it comes to shareholders' propos…

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Law & Legislation Legal Legends
2012 June Legal Legends

They say there are eight million stories in the naked city, and when you’re an attorney working for a co-op or condo in New York, you may find that some of the best of them are happening to you. While some may think that handli…

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Law & Legislation Suit Happens
2012 June Suit Happens

Take a moment and imagine your family or circle of friends: each person with his or her unique personality, attitude, experience and background. In a co-op building or condo association, hundreds of people live together, sharing common …

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Law & Legislation 2012 Legislative Update
2012 June 2012 Legislative Update

The 2011-12 legislative session is on in Albany as this article is being written, and bills of all kinds are being considered—including some with implications for co-op and condo owners and administrators across the state. Housing is al…

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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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