I'm trying to refi my mortgage to take advantage of the lower rate (not taking any money out).
My lender says the building management is using a website called 'Board Packager' - Here's a list of the fees the bank is asking me to pay to obtain documents:
2020 budget $25
2019 budget $50
2018 budget $50
Bank Questionnaire $250
$425 plus tax = $446.25
I'm pissed right now. Do I have a right to be?
Our co-op specifies a fine for upper units that do not follow the 80% carpet rule. To my knowledge this has has never been an issue until now.
A new shareholder is having this problem with a longtime shareholder above him.
The upper shareholder is up at 4 A.M. and very inconsiderate that there is person living beneath them.
The longtime shareholder is very friendly with board members and feels she is untouchable as far as rules and regulations.
The new shareholder sent a letter to the person above him as well as to the board of directors a month ago.
He explained that he is currently working from home and asked if she could be a little more considerate.
He has not heard back from the B.O.D. or the upper shareholder who has continued her clamorous behavior. Any help would be greatly appreciated
Our co-op is a no-dog building, but the board accommodates ESAs and service animals with a physician's letter.
The question is must we allow the shareholder with an approved ESA to have a second ESA of a friend/relative visit and be allowed to stay overnight? Our current pet regulations say only one dog per unit, but again this is about a visiting ESA.
Does anyone know if there are any new, specific (and legal?) requirements, guidelines, rules, etc. about the following?Knowledgeable answers please.
My 55-unit coop has a small (less than 6' long), old, kind of dirty elevator, with no fans, no moving air, etc. I know the supers are cleaning the surfaces, hopefully daily. But it has a nasty rug on the floor—I've been advocating its removal for years now, to no avail.
But this is the bigger problem, and my question: Yesterday I encountered two different individuals (one going in, a different one coming out) using the elevator without wearing a mask. I then had to enter the elevator immediately afterwards. I was uncomfortable doing so and felt unsafe. Has anyone seen any references to this anywhere?
I am have been shareholder in Manhattan co-op for over 5 years, and I have never once received a conflict of interest report.
Is this normal? It seems like these have been required since 2017, whether or not conflicts of interest exist? I am aware that there is apparently no auditing / enforcement of this requirement whatsoever (!?), so I am wondering of most co-ops are providing these, ignoring the requirement altogether, or something else?
I plan to raise the matter at our annual meeting, requesting that these be provided for all years up to the present, is there anything else I can do beyond that to have these produced by our board?
I am currently receiving Enhanced Star and Senior Citizens exemptions. I filed my paper work in November 2019 and again because the D.O.F. did not receive the copy. I also sent all the information on line but was told to send the original copies.
The problem was that when I purchased the co-op it was in my name. Then I got married. It is not mandatory to put my husband’s name on the certificate of occupancy.
All of my other legal documents are in my married name including my taxes. My husband has since passed away, prior to his passing, I was receiving the Enhanced Star and co-op Abatement, only after his passing did I apply for the Senior Citizens exemptions.
I sent all required paper work including original death certificate and marriage license and letter explaining why the co-op name and name on my tax forms were different. I received an acceptance letter that I was entitled to these benefits and requested a break down.
Everything was going fine until today. The co-op manager left a note in my mail box that I will lose my benefits unless I call the number provided because they never received the paper work.
I called and reviewed all the information with the representative but she was not able to email me conformation however she did provide me with a registration number.
We have multiple lots and block# that are listed on this letter and I think the manager is passing the buck to all recipients of these exemptions rather than do the research himself. Now he says he cannot do anything without a letter from the D.O.F.
Is this the responsibility of the shareholder or the management company? I thought these adjustments could now be handled on line by the Management company
My building is intending to modernize our two elevators. We would like to use a consulting firm to help us manage the product. Sierra Consulting looks promising. I am wondering if any other buildings have experience with other independent consulting firms that they would recommend?
Like many co-ops, we are holding our annual meeting via Zoom this year. A question for those who are doing the same thing: how do you plan to certify attendance to prove you have a quorum? Usually, we have a physical sign-in sheet, plus proxies for those who can't attend. Proxies are still provided, of course, but what sort of virtual sign-in sheet is recommended for people who are attending the meeting live? Is visual recognition of someone you know sufficient? ("Oh, I see that Bob has joined the meeting.")
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