Twice a month, we invite a New York co-op or condo board director to ask a legal question, and we host a panel of attorneys who address it. This time, Andy Cho, board president of a 130-unit co-op in Manhattan, reports his co-op is considering a lockbox to hold coded keys from owners. He wonders if a waiver is necessary to protect the building in the event a key is lost or stolen, and something happens to the apartment?
This episode, our panel of attorneys includes:
Michael T. Manzi, Balber Pickard Maldonado & Van Der Tuin
John J. LaGumina, The LaGumina Law Firm