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May 2008

Read selected, Web-exclusive adaptations of this month's articles — a new one online every Monday, Wednesday and Friday, featured on our front page!

 

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Web-Exclusive Adaptations
Bad Oversight: When Boards Get Burned by Ignoring Red Flags
By Tom Soter

The board members of the small Manhattan co-op were stunned when the accountant revealed that the managing Read More >>

Greying Area: Adjusting as Residents Grow Old and Infirm
By Frank Lovece

This is the dawning of the Age of Octogenarians.

"All those people who were 60 Read More >>

Organizing with Other Board Presidents: Join the Club!
By Jennifer V. Hughes

Warren Schreiber wanted information on termite control for the Bay Terrace Cooperative Section I, where Read More >>

Investing Reserve Funds for Fun and Profit
By Theodore Joel

If your building is lucky enough or prudent enough to have multimillion-dollar capital reserves, keeping Read More >>

The New Identity-Theft Law: Secrets Servicing
By Frank Lovece

Heather Dunleavy wasn't herself. Literally. But Chase Bank didn't know that when it Read More >>

Banking on Mortgage-Interest Changes: What Happens when the Fed Cuts Rates
By Patrick Niland

A co-op board considered refinancing its building's underlying mortgage last spring, but ultimately Read More >>

International Ownership: The Ins & Outs of Foreign Buyers
By Stuart Saft

The British are coming! And so are the French, Italians, Germans and Greeks. With a weak dollar, co-ops Read More >>

Board Service: Peter Morello, The Bronx
By Peter Morello. Second in an occasional series of real-life stories by board members about serving on co-op and condo boards.

In my 14 years on the co-op board of Thwaites Terrace House, neighbors would sometimes come up to me Read More >>

Learn from your peers by posing questions in the Habitat Board Talk Forums.

Apropos of CIRA, may I suggest some simple rules? Bill S. Sun Aug 31, 2008 10:41AM

We’ve had these rules in place even before the CIRA/AICPA documents were published (I posted this a about two weeks ago elsewhere).

1. President does not sign checks, e.g. not authorized.
2. President does not... more

CIRA booklet Billy Sat Aug 30, 2008 5:24PM

We have the booklet for all our board and after one reads it, one may agree with many points in the posting: http://disc.yourwebapps.com/discussion.cgi?disc=94379;article=10241;title=Habitat%27s%20Board%20Talk

I, and many of our board members, tend to agree with...more

Submit your questions and comments here!

We embarked on a project to replace all the old corroded plumbing risers. NYC regulations require abatement of asbestos if more than a certain amount Read More »

It gives me great pleasure to use this forum within which to share my experience as Board President of a 75 unit Brooklyn-based converted co-op. I hope Read More »

 

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2008 Source Guide

Be sure to check out our 2008 Source Guide – chock-full of great resources for your board. It is available online, and you can also get your organization listed as a provider.

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