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Category: Q&A

Q&A Q&A: Transfer of Shares
2012 July Q&A: Transfer of Shares

Q My wife and I own the shares for our co-op apartment jointly. We wish to establish a revocable living trust for our assets and the apartment. Our co-op board is unwilling to make the transfer to the trust. How can we convince the boar…

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Q&A Q&A:Medicaid and the Co-op
2012 May Q&A:Medicaid and the Co-op

Q “My mother and I jointly own her co-op apartment. She is 90 years old and still lives in the co-op. If it becomes a necessity for her to need homecare and possibly go on Medicaid, what would happen to the co-op after she passes? Will M…

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Q&A Q&A: Who Pays for Water Leak?
2012 April Q&A: Who Pays for Water Leak?

Q I own a cooperative apartment in Brooklyn and I’m hoping you could offer an opinion on a plumbing issue. In my bathroom I have  two water valves protruding from the wall that control the hot and cold water  flow to the sink and the tub.…

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Q&A Q&A: Payment of Legal Fees
2012 April Q&A: Payment of Legal Fees

  Q I am a shareholder in a newly formed co-op in Harlem. About six or eight months  ago, the super was fired and a new one was hired. The fired super still lives  in his apartment (provided by the co-op) and has filed a discrimination l…

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Q&A Q&A: Problems with DOB Permit
2012 April Q&A: Problems with DOB Permit

Q A board member had dormers installed in his apartment which required a permit by the New York City Department of Buildings (DOB). As the project was ending, he told the architect he did not want to do what was necessary to have the DO…

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Q&A Q&A: Sponsor Control over the Board
2012 March Q&A: Sponsor Control over the Board

Q I serve on the board of a Brooklyn co-op which is only 52 percent shareholder  owned. Shareholders now have the simple majority on the board. Our sponsor owns  the management company (which is non-responsive), has a relationship with ou…

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Q&A Q&A: Power Grab
2012 February Q&A: Power Grab

Q I am a co-op owner. A renovation plan for my apartment was approved by the building, the board and the city. Con Edison added a new power line to the building at no cost because the building was at its capacity for the existing electr…

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Q&A Q&A: Is it Ethical to Get Paid?
2012 February Q&A: Is it Ethical to Get Paid?

Q Is it ethical for board members or immediate family members to choose to do a job that would normally be something the community would get together to do for free (i.e. spreading out mulch in the park, pressure-washing the gazebo or …

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Q&A Q&A: Exemption Used for Maintenance
2012 January Q&A: Exemption Used for Maintenance

hroom sink. But he did so by taking it from our SCRIE-DRIE-STAR credit  checks from the New York City Department of Finance. According to our bylaws  and proprietary lease, he is not supposed to charge for this service. What can  I do about…

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