Why would a co-op get a PPP loan if a co-op is financial solid?> Join the conversation
I am a shareholder for a 1 bedroom Coop, The building is a pre war building, the unit was unoccupied, The managing Agent sent me pictures of the Ceiling, Walls and the entire kitchen demolished, along with leaks in the closet bedroom and bathroom. She claims that the sewage Pipes from the basement exploded because of Age and lack of use. She recommended contractors that they have used in the building, and that based on the circumstance I could go ahead with repairs to make it habitable. A contractor was currently working on another unit and agreed to start the repairs, I contacted the Agent 1 month ahead of the start date, and left several messages which she never responded to. I also notified the superintendent who claimed he was on Vacation for 3 weeks. One week into the repair the contractor was removed from the building. I contacted the Agent, screaming and very hostile, that I need to file an application to the Board for consideration to repair. Along with A $600 application fee. I requested the details of the Directors of the Board, and was given Names and address only. The renovations will cost $ 19,000 out of pocket so I took a loan. should I be reimbursed by the Coop. The power has to be turned by con Edison, but the Agent refused entry. The Agent claims we cannot enter until the work is approved. Do I have any recourse ?
While I understand the need to protect board internal deliberations, I am wondering what is the best approach to voice dissent? While the majority rules on the Board, are individual board members allowed to voice their individual opinions in the public? If someone does that, is it considered as "undermining the board"?> Join the conversation Comments (3)
We are a small self-managed Soho coop looking for a company to inspect and repair our fire escape. Any recommendations?> Join the conversation
A newly elected treasurer wants to see the financial records of the coop for the last 5 years. The board president has denied that request. The treasurer is not a neophyte having been on the board before and serving as a treasurer knows she is entitled to view them. Outside of hiring a lawyer and making a big deal out of it what other steps should she take?> Join the conversation Comments (2)
I will start afresh. If a coop or condo refuses to give eligible units their credits or unilaterally
decides to postpone them for 6 months or more beyond the legally required date, what resources
does an apartment owner have?
Small Claims court? If anyone has an idea it is most welcome. Thank you.
There's been talk of allowing bidets in our co-op. Does anyone have them in their buildings? Can you provide feedback based on your experiences?
Do you need a plumber AND an electrician to install them? I think you do, but I'm not sure.
Do you allow them to any s/h or do you limit them to people who have a medical reason (and can supply documentation) for wanting one?
Do you treat them as a renovation and have the shareholder sign a document agreeing to be responsible for any and all repairs that may result from problems in the future?
If you have them, have you had problems with them or have they worked with few hassles?
Thanks in advance for any feedback you can provide.
By law, credit are supposed to be passed by coops to eligible units within the city's fiscal year when they are given vi a being applied to the coops tax bill.
This is by June 30th of every year. Our coop has been giving them in December - 6 months late.
What can we do about this?
Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Habitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.