Category: On The Board

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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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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