I was waiting for someone else to start the conversation but I suppose I will..
As a property manager, I have placed plans and contingency planning into play with every building.
this includes (but not limited to) staffing, staffing absenteeism, added staffing, added cleaning and disinfecting of specified areas, board meetings, party, and congregation limitations, laundry room and facility rules, and I am having a mandatory emergency preparedness seminar and meeting for all my supers and staff tomorrow to review communications, staffing, risk identification and mitigation and more...
For the purpose of improving and helping others to mobilize a plan, what are you doing? What are your concerns?
There does not seem to be any clear policy mentioned about this in the bylaws.
Is it possible for a shareholder who has been living in the coop for a long time with a disabled adult son , to transfer it in his will to his sibling who lives out of state but visits and stays in the cop periodically , and allowing him to let this disabled adult child continue to stay in the apt? The relative has excellent financials , so there would be no problem paying the maintenance . The cop does not allow the apt to be placed in a trust which is what the shareholder would have preferred to do . Do coops allow exceptions in cases involving a disabled person , re rules limiting sublease , if that is wht this would be considered? Thank you .
My building doesn't have enough spaces in our covered heated garage. 150 units & no guest parking in NJ, in a small town with limited parking. We have 160 parking spaces and essentially 3 extra after all are divided up. Our 3 bedroom PH apartments or 5 units, each get 2 spaces & everyone else gets one space. We have 44 two bedroom units and the rest are mostly one bedrooms leaving 11 studios. We recently decreased our maintenance by $50 to increase the parking fee to $100 to see if anyone would give up their spot to those seeking an extra for a 2 car family. Waiting to hear the status of this. We've suggested valeting the garage to the Board, which would bring an additional cost, but they feel it would be too expensive. We feel it would add value to the building. They gave no numbers to back up the valet cost, but it would allow all day guests to park in the garage when many are out at work and hopefully allow for more parking.
Can anyone provide details on their valet situation at their building? Which company do you use? Did it solve any problems that you were having beforehand?
The co-op board of the building I own in has recently decided to determine how much compensation a shareholder is entitled to..In past years the shareholder negotiated the fee for the use of their unit and the co-op negotiated for their fee.
Now the co-op has put a cap on the dollar amount a shareholder will be compensated. Is this legal???
Our building has a covered garage with approx. 35 spots (149 units in the building) and an approximate 10 year waitlist to get a spot. The garage fee was $80/month until 2019 when it was raised to $100; and then this year the Board (4-3 split) decided to raise the fee to $125/month. Garage spot shareholders are complaining that this increase is unfair and meant to try and kick out elderly shareholders. The Board reasoned that the increase was because the current fee is much less than market rate (approx. $250+ in our neighborhood) so rather than increasing maintenance by 3% to cover the budget deficit, we raised the maintenance by 1% and increased the garage to bring it to $125. How have other Boards dealt with pushback about raising garage fees? My logic is that the shareholders are not entitled to a garage spot and Coop as a whole is a business and it makes business sense to raise the garage fees to be closer to market rate so that the building as a whole benefits financially. Anyone have any tips for how to deal with annoyed garage renters?> Join the conversation Comments (2)
Curious what other issues boards have run into with demanding shareholders harassing board members? Have a situation with a shareholder making brazenly false complaints into 311, threatening lawsuits over completely unsubstantiated claims, etc. I realize there is likely some degree of mental illness at play here.
What are your stories and how were the situations dealt with?
My pre-war building potentially needs the roof replaced. We are thinking about pairing the roof replacement with the introduction of solar panels. We need to find some specialist engineers who could guide us through the cost benefits and feasibility of this plan. Presently we have wood joists under the roof. Does anyone have a referral base of specialists in these areas? Any guidance at all is appreciated.
thanks very much!
Coop with no sublet restrictions, in univ. neighborhood. I sublet out. Shareholder below me, on board, has water damage in bathroom ceiling. Accused me of poor maintenance, board agreed without inspecting. I sealed floor, problem continued. Finally board hired plumbing co. - they found valve leak behind wall, bldg's responsibility. This disproved board president's expectation. Same day president directed super to pour 'pitchers of dye water' along floor edge. Took pictures of dye on ceiling below to show floor is problem. Then claimed plumbing co. did dye test. I contacted plumbing co. they asserted absolutely not. This isn't how such tests are done, by code. They found leak in valve only. President didn't deny, in writing, but claimed mgt co. instructed her. Mgt. co. denied this.
I hired professional bldg. inspector to assess floor, he declared it sound, above average. Forwarded to board. No response. Board has blocked my current attempt to sublet for over 30 day period permitted by policy, ostensibly because I don't "fix floor problem." They cause me fiduciary damage. Insistence that floor is problem will impact resale. Shareholder below wants to buy my place, could be tactic.
Do I have any recourse?
Are there any standards, laws, or regulations, etc., regarding who pays for the superintendent's cell phone in a coop building? Mine is a 55-unit, 6-story apt. coop (with rentals) building.
I ask b/c our super's phone frequently "goes out," making it impossible to reach him for days at a time. He doesn't receive vm or texts. This is not only annoying, but potentially dangerous in an emergency.
Knowledgeable advice or direction appreciated. Not so interested in opinions, thanks.
I can’t leave additional comments to my original post, so I created a new one.
First of all, thank you, queen & Marty for your support. I started the battle from April 2019 and it was frustrating because I could find very little information and there was no support.
You guys have been so great. I can’t thank you enough.
I just heard back from the DOF. This is better than I expected. Please see below.
As requested the tax benefit breakdown sent out 12/2019 is attached. Please note in the 19/20 report it states the new shareholders NEW OWNERS’ NAME as receiving the 19/20 abatement, but this is incorrect, this abatement should be distributed to the previous shareholder MY NAME since she didn't sell the coop until 1/23/2019 which was after the 1/5/2019 taxable status date and primary residency wasn't changed to No on the 19/20 change form submitted in February 2019. Please advise management of this. Additionally for the new owners of apt XXXX to receive the CCA beginning TY 2020/21, they must be on the change form as new owners, primary residency Yes by the 2/15/2020 deadline.
Thank you for contacting the NYC Dept. of Finance,
Property Exemptions Administration Customer Service
The property manager really screwed up!
I probably shouldn’t let the management company know about the mistake he made until 2/15 deadline lol.
As a matter of fact, I wonder if they tried to lie about the status.
The coop I sold is a studio. They have a house in NJ. Their daughter is living there.
I’m going to talk to the management company with confidence!
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