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.
We want to add an amendment to our bylaws. We currently have 2/3 of the members who signed a petition for this amendment. Is 2/3 considered a majority of the entire regular membership of record?
Article VIII of our bylaws states ”The by-laws may be amended by the affirmative vote of the majority of the entire regular membership of record”.
It further states “Amendments may be proposed by the board of directors or by petition signed by at least twenty (20) percent of the members.
We are a small, self-managed HDFC with all shareholders pitching in to do everything from mopping halls; garbage and recyclable disposal; treasurer duties; challenging tax assessments; interacting with real estate brokers and lawyers when there is a sale - and many other duties - and nobody gets paid. One of our shareholders died in November 2015 but her apartment remains empty as her estate has not been wound up. Her brother, who lives out of state, is her executor and hasn't even emptied out her apartment yet. The Estate is paying the maintenance but we need somebody living in the apartment and participating in the chores and running of the building. This is especially important since we are an HDFC. We do have a residency clause in our Lease. The executor was appointed by the Surrogate's Court in September 2016, almost a year after his sister's death, but there has been no accounting yet to the court. What can we do to force a sale or otherwise take over the shares?> Join the conversation Comments (1)
My wife and I own a coop in Brooklyn. Seven months ago we began having bed bugs. All units near ours were checked, but for months our neighbor across the hall would not let the inspector/exterminator in. After months, the building got entry only to discover "the worst" bed-bug scene the exterminator had ever seen. The apartment was so cluttered, it could be exterminated. After months of negotiation, one extermination has finally happened (now that bed bugs have spread to multiple units and remain in ours), but, the exterminator says, the apartment is so filthy, little progress can be made. The man whose unit this is is the treasurer of the building! The exterminator says all possessions must be thrown out, the unit cleaned and painted, the whole building treated. Everyday we wait, the infestation gets worse. The owner of the unit REFUSES to cooperate. My wife and I believe it is time for a Pullman vote to cancel his shares. However, the board refuses to move forward with this vote. We are now thinking of retaining our own lawyer. We have lived with our belongings in bags for months. We feel constantly anxious at home. We still see bugs in our place, despite 6 treatments. My wife is on the board as well. We feel the board is violating its fiduciary duty by refusing to act quickly. We feel not only our unit, but the building is at risk because of this infestation. What can we do?> Join the conversation Comments (3)
Has anyone had experience submitting an assessment claim to their insurance for Sandy damages? Any words of advice?My building filed a Sandy claim recently as the deadline was approaching. We received money, but not what was claimed and the work still needs to be done and the Board is considering an assessment now. My HO6 insurance has coverage up to $10k, but can anyone speak to having filed a claim like this and how it went?> Join the conversation Comments (2)
I manage a small condo building (28) units. We currently have drop ceilings in the basement, which I've led to believe are not legal by NYC Code. Can anyone confirm this? In addition, if this is in fact true, I would like to remove the drop ceiling and leave the pipes exposed, paint same and clean up the pipes/wires. Any thoughts? Would appreciate input. Thanks!> Join the conversation Comments (2)
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