Please send me your advice, I live in a building where the sponsor was also the managing agent, secretary, accountant, and lawyer for the building. The previous board managed to change the managing agent, lawyer, and put a new independent accountant in. The sponsor got his "friends" to run against the board and since he still has 12 apts, they voted the old board out. Now the new board is composed of his friends, who he promised apartment to, and people that do not live here. Nothing has been updated in 25 years.
and its feared that every outsider that was hired will be fired and the building will revert to the "old ways" Please give me some advice and moving is not really an option as I dont know who would buy into this building
thanks
How many corporations pay their Supt for common tasks such as unclogging bathtubs? Our Supt wants to charge us but some Board members feel that this should be included in his job description.
I'm curious to know what arrangements others have with their Supt.
just smelling something funny in our cop. is there a way that a managing agent can profit from encouraging a coop to do one large project after another?
Seems like all sorts of loopholes in new noise code. We finally got a noise violation issued to a restaurant whose HVAC has been the bane of our rear line shareholders. Problem is the offender gets 6-8 weeks before he has to appear in court and he is making no signs of curing the situation anytime soon. The managing agent for that building doesn't care, and we are going nuts as the HVAC is detreriotating daily giving off more loud grinding racket 15 hours a day, 7 days a week. Borough Presidnet's office said nothing else they can do. We are considering sending a lawyer's letter to the managing agent threatening a law suit. Has anyone had to resort to this? IS ther legal remedy available (or threat of) that can bring about a faster and better result than the sad DEP process? Even with our windows shut it sounds like we're underneath an idling bus. And, btw, the noise code is very misleading-this guy had a 57 dcibel reading and the ambient level was 52-so the DEP brochure saying the lower thresehold for a violation is 45 is not really true. There are all sorts of contingencies.
Does anyone know anything about the above law that refers to DRIE for disabled shareholders and how can you find out if the mortgage now or past was protected under the above housing law which would make disabled tenants/shareholders qualified for the above exception.
We are a mid sized Manhattan coop. We need to make some changes to cut security costs. Up to now our security has always been inhouse. One option is to outsource to a security company.
Interested to hear from other building who have faced the problem, how did you handle it, which security companies did you evaluate, what is the caliber of security personnel sent to your building.
Any info helpful.
We are a townhouse community A few homeowners have asked for the OK to install video cameras in their windows facing the outdoors. They have provided specs, etc. The one outstanding question for the Board is: should we require them to post a sign? Our managing agent says yes. But we have been unable to determine if it is a legal requirement. Appreciate any advice you can give us. Thanks.
We are about to embark upon a Lobby renovation. Does anyone have any companies they would recommend for:
External Doors
Intercoms
Thanks
Hello hope that someone here can help. First off i am the president on the board here at the condos where i reside. I have been treated unfairly and accused of doing things that are untrue but that is not my main reason for this letter. The main reason for this inquiry is to help the residents here. Two of the board members have gone crazy with the "power" that they have being on the board. Have made decisions w/o all board members being notified,passing ammendments not voted on by the owners,locking out other board members including myself they say they where instructed by the atty yet no letter to this was ever received. The owners are furious to all that has happened and want this board to be dissolved immediatly. They have asked me what can be done since the owners dont have money for legal representation.They have begun a petition but once signed what do they do with it at that time? Please help!!
Our property manager fails to do anything lately-from monthly financial statements to calling our Annual meeting last April, she does nothing. Anyone have a form letter announcing an annual and a copy of a proxy? We have to do this ourselves over Memorial Day weekend because of the nonfunctioning manager.
Thanks,
BN
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.
Our building is dealing with something similar. How long has your building been coop? We are waiting a judge's decision on who is really on our board, as we hired a lawyer to help us fight this. Needless to say, that has been expensive. We are also working with local politicians to get help from the Attorney General's office. Who is your sponsor? What borough are you in?
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.