COOPERATOREVENTS NEW YORK EXPO. TUESDAY NOV 19TH . JAVITS CONVENTION CENTER. REGISTER NOW!
Q Can the person running for a board position make his own proxy ballot and cast votes for other people? —Electorally Concerned A “The simple answer to both of these questions is likely yes!” says attorney Marc H. Sch…
Q We have a president in a cooperative building that has secret meetings and does everything possible to force his ideas on the membership. He is seemingly vindictive and tells owners if they don’t like it they can move. What can we d…
Q My question is, since Co-op City (in the Bronx) determines carrying charges based on household income, if there's a change in the household income whereby one of the occupants is unemployed shouldn't there be a downward modificatio…
Q My aunt owns a condo. The condo on top of hers had a plumbing problem that was leaking to her bathroom. They opened a hole in her wall to see the condition of the pipes and they were rusty and with leaks. Is the building association r…
Q Our Queens co-op recently had elections. I wanted to run for the board, however management stepped in and told me that I was unable to run for the board since I am months in arrears. Is the management company allowed to tell me not…
Q Is it true that the board can deny a refinancing application and not give a reason? Does a reason need to be provided on request? —Inquisitive Owner A “Assuming that the proprietary lease for the particular coope…
Q Our building is being run by family-based board members. The building is falling apart and there are apartments that have been sitting empty for more than 10 years. We have never seen a financial report. What can we do to change this? …
Q “My husband and I are moving into a community that doesn't allow dogs. However there are people who do have dogs because they said that the law passed 12 years ago and people who had dogs then could keep their dogs and if their dog d…
Q Recently shareholders have asked to have family names added to proprietary stock certificates (I was told to avoid estate “problems” in the future.) I balked (I'm on the board) stating the legal rights of ownership, and liabilities, t…
Q Our cooperative building, for many years, carried a high mortgage. During those years, I did serve on the board. The interest on the mortgage was included in our monthly maintenance fee and was noted yearly for our share for IRS …