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TODAY! All the latest co-op / condo news of note in one handy place: Habitat's WEEKLY NEWS ROUNDUP!
BUYERS: A new tax may add $5,000 or more to co-op closing costs! READ OUR EXCLUSIVE REPORT
WEB-EXCLUSIVE: How to Handle the 5 Top Co-op/Condo Owner Complaints!
APARTMENT BUYERS: See THE CO-OP/CONDO OWNER'S MANUAL to learn about admissions perils and pitfalls!
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Trauma Aftermath
In the case of things like a murder, where there’s no evacuation but plenty of psychological trauma, you should call in crisis counselors. That’s what Marion Scott Real Estate did at Co-op City after one employee was shot to death and three others wounded.
“The counseling was mandatory for employees initially,” says Co-op City general counsel Herbert D. Freedman, “and then we made it available to them voluntarily. We have about a thousand employees. We also reached out to the victims’ families. We designated a person who become their liaison, and that person stayed in touch with them, saw to their needs, and made sure they knew how to access benefits.”
In the end, says leadership speaker and author Lee J. Colan, post-crisis management is not very different from what a good board needs to provide all the time: clarity. What do we know, what don’t we know, where do we stand? What’s critical, he says, is that the board members “stay calm and give some promise. If it’s a horrible situation, it’s important to give some sense of hope that we can conquer this.”
– Frank Lovece
Comments
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Posted by: Opera Lady
03/09/2010 05:51 pm
Here it is March 9th and the 32BJ contract expires on April 20th. I asked my managing agent, who says he's heard nothing yet, about negotiations. Is this Read More »
Just when you thought you were out, they pull you back in! Eradicating bed bugs is proving to be a difficult problem. We've gone through a few buildings Read More »
Posted by: Opera Lady
03/07/2010 08:16 pm
We have a situation where a unit owner has a leak.This person lives on the top floor. We have tried to repair the leak several times - to the tune of Read More »
Learn all the basics of being a board-member, straight from our baker's-dozen movers and shakers.
2010 Source Guide
Be sure to check out our 2010 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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