SHAREHOLDER ENNUI

Jan. 28, 2014 - The economic life in most co-op buildings ticks along in a pretty ho-hum manner. That is, until the board of directors wants to do something out of the ordinary. Such is the case in Tom Bettridge’s Brooklyn co-op, where the board wants to morph its current administrative fee into a real flip tax. But can it muster enough votes to do so? Listen as Bruce Cholst, a partner in Rosen Livingston and Cholst, and Arthur Weinstein, a solo practitioner in New York, offer advice on ways to overcome shareholder apathy and how to come to terms with that fundamental democratic issue of whose ox is being gored.