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Category: Q&A

Q&A Q&A: Marijuana Problem in Manhattan
2012 January Q&A: Marijuana Problem in Manhattan

Q I live in a co-op in Manhattan and have a neighbor who enjoys smoking pot. The  problem is he does a horrible job containing the smell. He smokes out the  window and around the apartment. The smell comes into my apartment (which is  dir…

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Q&A Q&A: Inequity in Building Maintenance?
2011 December Q&A: Inequity in Building Maintenance?

Q I am a shareholder in a Lower East Side tenement co-op. The building was originally 6 floors with 4 apartments on each floor. In 1985, we formed a corporation and purchased the building from the landlord who had us purchase a money m…

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Q&A Q&A: Imposing a Flip Tax or Transfer Fee
2011 December Q&A: Imposing a Flip Tax or Transfer Fee

Q At a general meeting of our condominium, a proposal for a flip tax/transfer fee on the sale of a unit failed to get enough votes. Subsequently, the board of managers decided to impose a transfer fee of five months maintenance charg…

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Q&A Q&A: Maintenance Obligations?
2011 November Q&A: Maintenance Obligations?

Q My co-op allegedly has mold growing inside the central air conditioners. Isn't this the responsibility of management to clean? There is water inside the units which apparently is causing the mold. The maintenance crew said they will on…

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Q&A Q&A: Convicted Director?
2011 November Q&A: Convicted Director?

Q “I live in a co-op in Queens that still has a small percentage of apartments held by the sponsor. Last year the sponsor was voted off the board (they held 2 seats). This year only one person was nominated and seconded by two people who…

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Q&A Q&A: Accessing Common Elements
2011 October Q&A: Accessing Common Elements

Q In our parking garage we have access to a bike storage room and an outside bike rack that is next to a resident's handicapped parking spot. Right now the only way to get to the bikes is to "trespass" over the parking spot. Our concern…

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Q&A Q&A: Is Audited Budget Required?
2011 September Q&A: Is Audited Budget Required?

Q Does corporate law require that co-ops have an annual audited financial budget for shareholders? —Budgeter in Brooklyn A “The law imposes no such requirement on co-op apartment corporations,” says Thomas E. Kass…

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Q&A Q&A: Shareholder Input on Maintenance Projects
2011 September Q&A: Shareholder Input on Maintenance Projects

Q I am a shareholder in a four building, 68 unit co-op. Two years ago, shareholders voted down a board proposal to replace the building’s 23-year-old windows. Recently, the board has decided to go ahead with the project which will co…

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Q&A Q&A: Determining Guidelines to Limit Liability
2011 August Q&A: Determining Guidelines to Limit Liability

Q Our condo building has a lot attached with parking for six cars. On the far side  of the lot there is a garden and a playground. We have a member who has requested to use the garden, playground and parking lot for a  party. Cars will be…

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Q&A Q&A: Annual Meeting Procedures
2011 August Q&A: Annual Meeting Procedures

Q At our last annual meeting, the president, vice president and all other members  of the board were present. However, without any explanation to the shareholders  present, the corporation’s counsel proceeded to conduct the meeting by fir…

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