Category: On The Board

Board Operations The Importance of Being Transparent
2013 June The Importance of Being Transparent

 A key to success and functionality in any relationship is clear, consistent  communication. In a residential community, part of achieving functionality is  managing the information in the governing documents and records which detail  the …

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Law & Legislation So You've Been Sued — Now What?
2013 June So You've Been Sued — Now What?

 Lawsuits are usually not an association’s go-to method for dispute resolution. Expensive and time-consuming, they can  quickly turn into a financial burden and may create strained relations in the  community. Unfortunately, in some cases …

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Law & Legislation Listen Up!
2013 June Listen Up!

 While some condos and co-ops are lucky enough to have lawyers serve as members  of their board, the majority of boards don’t have an in-house legal expert. They often reach out to their attorney to  answer questions, vet documents and sen…

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Law & Legislation New York Legislative Update for 2013
2013 June New York Legislative Update for 2013

 The New York State legislative season is here again, and bills of all kinds are  being considered, including housing. Some of these bills directly impact co-op  and condo board members, managers and residents. Housing is also on the agend…

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Law & Legislation After the Storm
2013 June After the Storm

 Fires devastated Breezy Point; areas of Staten Island were destroyed with lives  lost; thousands of residents in Lower Manhattan were plunged into darkness after an  electrical transformer exploded on the East River. These events were amo…

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Law & Legislation An Unusual Assessment
2013 May An Unusual Assessment

 A recent federal appeals court decision on the subject of income tax law stands  to be of great benefit to cooperative corporations around the city,  particularly in light of damage suffered in many buildings from Hurricane  Sandy. Alphon…

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Board Operations Know the Rules
2013 May Know the Rules

 Back in the late 1800’s, an army officer named Henry Martyn Robert wrote a distillation of  Parliamentary Procedure (which was used by the American Congress at the time),  to help people run smooth and effective meetings, whether it be a …

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Board Operations Delegate, Delegate, Delegate
2013 May Delegate, Delegate, Delegate

 Read any of the major business publications or websites and you’re bound to find articles on the importance of delegating. It’s one of the most fundamental skills for a successful business owner to have. A  simple Internet search finds sc…

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Law & Legislation Verifying Square Footage
Verifying Square Footage

One of our clients recently asked us to investigate the accuracy of their building’s square footage as listed on New York City’s Notice of Property Value. In order to contest the gross building area of a parcel, the city requires an eng…

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Board Operations Storing Your Life
2013 April Storing Your Life

 It’s the age-old question for apartment dwellers living in cramped spaces: where do  you store all of your possessions? If you live in a New York City co-op or  condo, most buildings have a solution: sizeable storage units at the ready th…

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