New York's Cooperative and Condominium Community
Water leaked into my apartment from the one upstairs due to a leaking radiator. During a visit, I noticed the upstairs apartment is in complete disrepair, cluttered with furniture, and seemingly abandoned for at least 10 years. Despite this, I was told that maintenance fees are being paid, complicating the board's ability to repossess it. However, isn't it a requirement for shareholders to maintain their apartments in decent and safe conditions? If they fail to do so, shouldn't the co-op be able to take back the apartment and sell it to someone else? The board has been uncommunicative, only stating that they are trying to resolve the situation, but 10+ years is a long time. I am considering contacting the Department of Buildings (DOB) to seek their opinion, as that apartment is a time-bomb with potential hazards such as undetected gas leaks, water leaks, electrical failures, and fires.
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I hope the Board and the management companies is charging the apartment above for your leaks and not the co-op paying for it? Check on that.
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