Does anyone have any thoughts regarding shareholders paying their maintenance?
The best option? Convenient and/or cost?
Portal? Manual check sent out or shareholders filling out a form that a co-op will then deduct the funds from your bank?
If we use a portal is that part of the management company fee or a separate cost?
Portal is the most convenient and up to date while still letting the shareholders have control.
The downside of that would be some seniors maybe not comfortable with that process.
Thank you and would appreciate feedback.
I am a volunteer at a Free Store in NYC. We are a mutual aid group consisting of all volunteers. We are not incorporated. In case you don't know, a Free Store is not exactly a store but shelves placed in front of a building where the community can come and leave something or take what they need.
We have a question regarding the liability of the engineer who is designing the shelves for the Free Store - and also the liability of the members of the Free Store. The shelves will have a type of overarching roof, which will be placed high enough out of reach. And, yet, in the event that somehow it is taken down, or structurally weakened later causes harm to someone, as a mutual aid effort– is there a case for liability on our part? Any lawyers out there who can advise? Thank you.
I live in a very small co-op, 11 units. Trying to figure out what the going salary for a super is. Most of the information I'm finding is for large co-ops where the super is in a more managerial role and is salaried starting at $40k. Maybe this was in the past but the impression I had was some small buildings would provide a free apartment/utilities, and pay a small monthly fee, and the super would have a day job, I don't know if that's legal.
Anyone know what the best practice is here?
Can Non-Union Contractors work and occupy meal break rooms and shops used by tenure Union employees?
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Hello,
What is the best way to credit those individuals for the senior and veterans tax exemptions. To my understanding they are different than the other abatements, because the state and city gives these individuals a tax relief. I have been told is incorrect to treat them like the other property abatements.
Thank you.
My coop, which is not exactly the most brilliantly run coop, has sent a legal, letter over my doormat threatening eviction if I continue to put it out. Keeping in mind that we have had a doormat since per-coop times - about 1970 and it is a fireproof 1/4 thick dormant. They then imposed the legal fee of $450 on my bill that it cost them to write that letter. I know the fee is unenforceable and I know they ignored other residents who had large items - bikes, strollers - in the hallway. What to do?
> Join the conversation Comments (1)Can " House Rules "supersede your BY-LAWS and proprietary lease in a Mitchell Lama Coop? Are $250.00 penalties excessive for those on fixed incomes in a Mitchell Lama?
> Join the conversation Comments (2)My co-op has gotten into huge debt with very little oversight. When emails about the issues are sent out or we have meetings very few people seem interested or speak up or help. How can board participation be encouraged?
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I live in a new condo in Brooklyn, where I stepped down from the three-person board because of issues with the other two. They always acted in unison and excluded me from discussions, eventually stripping me of my ability to email owners from our Microsoft Teams account. The two announced that they were staying on several months past the expiration of their terms, delaying the annual meeting and election. We finally submitted a petition to remove them, which they rejected because they claimed our bylaws state that the petition must include the date, time, and location of the special meeting when the bylaws actually say that the notice of the special meeting must include all three (our petition only included date and time).
As we approached the annual meeting, they introduced a proposed amendment to the bylaws that would increase the size of the board to five, knowing that there were only three other people running at the time. I helped to ensure that owners were aware of their activities and the amendment failed and the two were ousted from the board.
The problem is that they have refused to provide the new board access to our investment and banking accounts, along with a host of other items, like condo Amex cards they had taken out, contracts, and vendor information. They deleted all of their emails and removed the payment info from our Microsoft Teams account as well, which led to its cancellation.
Any advice for forcing these two to hand over access to these materials? We're obviously concerned they're hiding something. It's insane.
Whenever our building has a closing, the management agent sends a 100 page document that requires 11 signatures
Does anyone do this digitally or is paper the only option with wet signatures?
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Set up your account with your bank and they will send payment directly to the Management company, NO FEES. I would send a paper check but at times it went until the last day before they cashed it. This is quick, easy and takes the worry out of paying your maintenance
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