Smoking, a purchaser's pets, personal habits, and even cooking with the flair of Emeril are only some of the touchy aspects that a board may take into account when considering a new resident's application for admission into a building t…
2002 Oct
Focus on... Board Operations
All too often, individuals hastily volunteer to become a member of the board of directors in their condo or co-op building. Although these people should be commended for their effort and enthusiasm, often lost upon the typical board mem…
It is not uncommon for a precious commodity such as season tickets to the Yankees, Giants or Knicks to be handed down from father to son or from grandfather to grandson. So, in today's marketplace, it's easy to see why an apartment owner…
Whenever a resident, board member or building owner gets frustrated by inaction or the process of wading through the bureaucratic red tape of board politics, it's hard to know where to turn for a solution. Hostility accomplishes li…
Co-op and condo boards are charged with maximizing the value of their shareholders' and unit-owners' real estate investments. Year after year, these boards diligently replace aging equipment, refurbish lobbies, clear up code violations, …
Everybody wants to show themselves and their home in the best light possible - literally. How you light a room gives it added definition and character, and enhances both the space's contents and its inhabitants. When it comes to interior…
The age-old battle between applicants and co-op and condominium boards can sometimes seem like a cunning chess match in which the prospective buyers are pawns awaiting to be knighted with the stamp of approval before they are allowed to…
As surely as kids dread the back-to-school season every fall, so too must co-op boards face the budget season. A building really has only one shot at establishing income for the whole next year, and while many of you may be far from nov…
In a case that may well have far-reaching implications both in New York City and beyond, the state Appellate Court, 2nd Department, is currently crafting a judgment that may give the state Attorney General increased oversight in how co-…
Marble columns, iron grillwork, decorative cornices, brass details on doors; these are extra touches that make a building unique. When marble is polished and clean, ironwork and cornices free of rust, and brass buffed to an impeccable s…
Anyone who has ever undergone the process of applying to be a shareholder in a New York City co-op knows how exhausting it can be, not to mention stressful. From securing a loan, to culling financial documents to be reviewed by a co-op …