Hi guys I'm the new Board President at my co-op and for many years we had a No dog policy. At our last meeting we revisited the no dog policy and voted that the shareholders are now allowed to have a small dog maximum weight fully grown 30 pounds. The shareholder will also attract a monthly fee of $50. One member feels that the fee should be for all pets...Has anyone ever heard of a monthly fee being charged for a cat? Is it even legal to charge a cat owner a fee? Thanks> Join the conversation Comments (2)
Hi all...hoping you can help.
We recently received notice that our condo board had received the deed to a parking spot. I am not sure whether someone defaulted on tax payments or could not produce the paperwork that demonstrated ownership, or even whether the board used building funds to purchase the spot. I have a few questions:
Is it possible for a condo board to get ownership of a lot and then sell it (funds of course to go to the reserve)?
Would the board actually have had to purchase it from someone and if it used building funds, would it need to let the condo owners know that it had
The condo board has invited owners to purchased the spot (quite small) assessed in the real estate market at 45K (but the city appraisal is far less). I suppose that is fair, but wouldn't it seem more feasible to offer it at a lower rate for existing owners? The original purchase price of the lots (10 years ago) was 5K.
If no one purchases from the building, they want to sell publicly. What are the implications for the building if that occurs...for example, insurance concerns, someone who purchases the spot to lease indefinitely to a stream of people, etc.
I own a condo in a building and back in March it suffered another water leak coming from the roof. This was the 3rd time in the past few years and each time the super and management office had tried to identify the cause and eventually said they think it was fixed.
But after this 3rd time and with a new building manager, it seems like they are finally going to retry and find the problem once and for all.
So initially I was pleased with the action and direction in that they are admitting that roof leaks are tricky and so really hard to determine the cause, and that this time they will try to find the problem and fix it once and for all.
I agreed to let them open up a hole in the master bathroom (it is a 2 BR 2 bath unit) in May so they can do water leak testing to find the cause and after a few attempts, it seems like they found what's is.
I am currently renting the unit out so had to confirm with current tenant that it was fine to have that hole in the bathroom. Tenant was understanding and also had been a tenant during the previous leaks and so wanted to also make sure the issue gets fixed correctly this time.
After they did find the cause, they said they would get engineer to look at it but since then it has been relatively radio silence. They eventually did tell me it would be a N steps process:
1. The engineer needs to produce construction documents to indicate to the contractor where exposure is needed.
2. After the Con Docs are done, the contractor will survey the site and produce a bid document.
3. The Board needs to approve the job.
4. Then the investigation can happen.
It has now been close to 2 months and during this time, I had sent an email to management office every other week to get an update (I realize it may take time but wanted to make sure it isn't stalled).
I finally got an email today saying they just completed step 1 (after well over 1.5 months)
There were 2 questions I asked in each email and they never address or responded to them:
1. If the process will be long, can they close out the opened hole in the bathroom ceiling to make it usable to the tenant. The tenant had to camp out on the living room since the master bathrrom has a big hole with water leaking and is humid makes the bedroom also a bit dank and smelly and she is not comfortable lsleeping there. As a result, I had to offer her a rent reduction for June and July rent .
My thinking is if the process is going to take another 3 or more months (and it is now 2 months into it with August coming up), they should try to just close out the hole and make the unit livable again. They don't need to do a complete fixing right now (i.e. Repave and repaint walls/ceiling from the leaks in bathroom and bedroom and replace the tiles that are broken due to water leaking and wearing them out) since they have not fixed the problem yet and so leaking could still happen.
2. Can the building manager please provide me with the board of manager contact info so I can reach out to them as well to try and escalate. Partly I wanted to emphasize the severity of this situation, how it is causing me financially as well as just stress of not knowing if the next major rain storm would cause more leaks.
I had also asked them to send someone in to inspect bathroom for mold but have not gotten any response on when they would do so.
So my question is if it makes sense to hire a lawyer to escalate and what rights do I have right now. Can I withhold common charges until they fix the roof leak? Can I get reimbursed for having to subsidize tenant rent to keep them? And also it is the building responsibility for making sure the bathroom and bedroom that had suffered leaks are properly repaired, yes?
Or am I at risk of losing some rights if I don't take any action now or especially I ask them to just fix the bathroom hole first to make it temporarily livable - then if they do that, they don.'the need to do the proper and more comprehensive repair needed when they have fixed the roof leak?
In earlier emails with the building super, he made it sound like the building is not responsible for anything inside my unit and so I would need to fix the wall and floor tiles and other items.
And in later email, the building management would use language like they are working to help fix my issue. The issue should be the building since it is all due to the roof leaking into my unit, right?
I'm a young-ish (30s), single female who is in the process of buying a property for the 1st time. I was told that the sponsor holds majority shares, but the financials are ok, and I found a bank that will (likely) give me a mortgage. My lawyer and an accountant did due diligence reviewing the bldg's financials, etc. and reported that everything looked fine. But something has been nagging at me that there's still something I don't know. I started doing my own research and came across an article on Habitat, featuring the bldg that I plan to buy into. It's called "When Sponsors Refuse to Sell Apartments-Part 2." (https://www.habitatmag.com/Publication-Content/2008/2008-December/Featured-Articles-from-Our-Print-Magazine/When-Sponsors-Refuse-to-Sell-Apartments-Part-2)
I told the agent that I'd send my signed contract tomorrow. She sent out multiple contracts, so if I send it any later than Tuesday morning, I'll likely not get the apt. But I'm still not 100% confident about moving forward. And after reading the Habitat article, I'm even more concerned. Would I be crazy to move forward on this, given what sounds like major issues with the sponsor? I like the apt. a lot, and I've been looking for a while, but I don't want short-term happiness (finally buying an apt) for long-term misery (being impacted by the sponsor). PLS HELP!
I'm a member of a coop board in Woodside, Queens. We're currently viewing a proposal to beautify the area that sits under our building's awening, which is accessible from the sidewalk. The proposal includes placing seating in this area. It's intended for building residents but would be accesible to any member of the public. Has anyone had experiences with such a feature? Has it created more foot traffic from non residents? Been an asset? I would appreciate hearing your thoughts.
4% per month, i.e., 48% per year would be unenforceable. In view of the public policy underlying Penal Law § 190.40, which makes an interest charge of more than 25% per year a criminal offense, these late fees are unenforceable (see Sandra's Jewel Box v. 401 Hotel, 273 A.D.2d 1, 3 [1st Dept 2000]; see also Clean Air Options, LLC v Humanscale Corp., 142 AD3d 923 [1st Dept 2016] ).> Join the conversation Comments (1)
I'm a board president of small condo unit in Queens. We recently got rid of developer who was managing building for last 4 years and pocketing maintenance fees.
When we tried to hire new accountant for the building, he suggested that company that developer registered is "For Profit Company" and that we need to setup new "Not for Profit" homeowners association.
I'm wondering whats the connection between building and homeowners association. Buildings in general are registered at attorney generals office, is homeowners association registered same time , can it be changed later?
I have two questions.
First: I'm a Board member in a co-op and the sponsor and another Board member were supposed to interview a person who wanted to rent my apartment. The sponsor told me that I was not allowed to be present during the interview. I responded that I could be present but not vote. The reason I wanted to be at the meeting was to make sure that they give the correct information to the applicant. The sponsor and the other board member walked out. Do I have the right to be present at the interview and not participate.
Second. A month later a Board member stated that it was voted unanimously to reject the tenant without an interview. Can one Board member interview a tenant and make a decision without discussing it with the other board members.
I live in a cooperative, not in NY. I'd like to know if all cooperatives require to have annual inspections of the units. If it's required by law, what kind of law that is. What is the main purpose. If there are pre-established guidelines. How to avoid overstepping by the person doing the inspection and whether it's legal for this person to carry a camera and take pictures.
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