Category: Q&A

Q The board of directors at my co-op recently mandated that every apartment must carry homeowner’s insurance and list the complex as “additionally insured.” My insurance agent says that by listing them as “additionally insured” on the po…

Q “My boyfriend and I live in a co-op apartment. The mortgage is in my name but he is listed as a co-resident of the apt. If we break up, is there a chance that we would have to sell the co-op to split the ownership of shares? What l…

Q I live in a self-managed co-op and we are getting conflicting information about whether co-ops can disallow roommates or not. We've heard that the board of directors has absolute decision making power over whether or not to allow room…

Q “What recourse do unit owners have when a board is negligent of their duties? For example, a violation of the bylaws occurs when the board does not inspect common areas for safety and aesthetics when it specifically states in the b…

Q “I have been dealing with a co-op board that appears to have denied a transfer of shares to me in a bad faith manner. The proprietary lease states that the board will transfer shares to a spouse or a "financially responsible member…

Q Do you have any advice as to how co-op maintenance is calculated per unit? I am on the market for a co-op apartment and I would like to know how the corporation arrives or calculates the maintenance that a unit must pay per month.…

Q A front desk position in my building is about to become available. Our board wants to hire the son of our current janitor. I am not in favor of hiring relatives and our bylaws state that in such an instance, the board must noti…

Q I’ve had a long existing leak in my full bathroom since the shareholders above me moved in. It so happens that the shareholders’ son runs a bath for as long as two hours at a time, blasting the water at full force. Over time this h…

Q I am a non-resident owner in a 10-unit co-op in Manhattan. I have been renting out my unit for the past 7 years. Recently, while I was away from the country on work, my son inadvertently rented my apartment to a tenant without firs…

Charging Fee For Lockers Q What happens if there were storage lockers in our building that were either given free to the shareholders or they were ‘sold’ for a set fee of $500? Once a shareholder left, the storage unit reverted b…