This letter comes every December to managing agents. It lists the breakdown of the abatements and expansions amounts per eligible unit. - BUT does anyone know what the dates are for - EX the letter sent in Dec. 2019 - was it for the benefits to be given qualified apartments in the fiscal year 2019/2020? Or for the upcoming fiscal year 2020-2021?
Pls only answer if you know. Thanks./
Hello,
Does anyone have a recommendation for a good management company that can handle a small co-op in Prospect Heights, Brooklyn?
Thanks
Seeking a checklist. Thank you Robert
> Join the conversationHas any Mitchell Lama Coop or Development experienced that Board Election Proxies signatures were not compared to those shareholder's of record even when the BY-laws specifically reads to do so?
> Join the conversation Comments (1)I need a concrete answer if anyone really knows this but our coop is saying the coop/condo tax abatement will NOT be renewed in July 2021 because of lack of support in Albany. Has anyone else heard this or who can we verify it with?
> Join the conversation Comments (3)
Over the xmas break, our heating radiator pipe busted from the basement and started spraying water into the unit. I was not home at the time, and it left alot of water on the floor and steam condensation on the ceiling. The hardwood floor is now damaged and cupping. Who is responsible to pay for the damage? if coop is responsible, how long is a reasonable expectation for it being fixed?
Thanks
Recently we discovered a bad case of mold on the hidden side of drywall. This is the first time we've had to remove mold, and I'm looking for a recommendation for a company that deals with mold remediation and reconstruction. If you've had a good experience with such a company please list their contact info here.
Thanks!
--- Steve
ARTICLE IX AMENDMENTS
These By-Laws may be amended, repealed or altered, in whole or in part, by a vote of a majority of the stockholders of the Corporation attending in person or by proxy any duly called Annual or Special Meeting of the stockholders at which a Quorum is present. A description of any proposed amendment is to be voted upon. The Board of Directors shall not alter or repeal By-Laws adopted by the stockholders of the Corporation.
To further the democratic process and give the stockholders an instrument toward the governing of the Corporation the Board of Directors shall not have the authority to prevent any proposed By Law amendments to go before the stockholders at an Annual or Special Meeting to be voted on by the stockholders. All proposed By-Law amendments by the stockholders will be forward to Housing Preservation and Development for approval or rejection as to be put forth before the stockholders for a vote.
To further ensure the democratic process toward governing the Corporation, all proposed By-Law Amendments submitted by Stockholders will be forwarded to Housing Preservation and Development (hereto referred as ‘HPD’).
The Board of Directors must adhere to Housing Preservation and Development’s Rules and Regulations of Article XIII, Corporate Action, Section 1 By-Laws.
The Board of Directors will not have the authority to alter, prohibit interfere/prevent, by motion and/or otherwise, proposed By-Law Amendments to be submitted to Housing Preservation and Development for their approval / rejection.
HPD will notify Gouverneur Gardens Housing Corporation to put forth the approved proposed By-Law Amendment for a vote by the Stockholders at the Stockholders Annual or Special Meeting at which a Quorum is present. Stockholders who submit any proposed By-Law Amendments rejected by HPD will receive written documentation by HPD explaining the reason for the rejection.
Hi,
We've had our management company for 20 years and service is ok. We are searching for a company that will want to impress us with their responsiveness and up to date knowledge re CMA compliance and technology application to building management. We are pre-war building with 400 apartments in Brooklyn. We have good financials but outdated everything. We're used to having an onsite dedicated manager.
We are very interested in recommendations from Habitat readers. If you strongly to somewhat strongly recommend your management company, please be in touch.
Thank you!
I own a unit in a small coop building. The Board recently redid the old house rules and added a rule stating that people are not allowed to write in chalk on the sidewalk in front of the building and adding that anyone in violation will be fined. Can a coop board create and enforce a rule when it pertains to property that is not actually part of the coop? My understanding of this is that the sidewalk located off the property is not within the coop's jurisdiction and that any writing (as long as it is not libelous) is simply freedom of expression. Can anyone clarify whether such a house rule can be enforced?
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The letter we received in Dec 2019 was for 2019/2020. On top it says 2019/2020 CO-OP TAX BENEFITS.
Within the text of the letter itself, it states, "Enclosed is your Cooperative Abatement Report, which list each unit's exemptions and abatement benefits for tax year 2019/2020."
Hope this helps.
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