DECEMBER 2016 ISSUE PREVIEW

Board power is a funny thing. Shareholders might think that boards have unfettered permission to do what they want, but is it true? The answer goes back to one of the most famous co-op court cases of all time: Levandusky v. One Fifth Avenue. It's amazing how much trouble can come from a two-inch steam pipe, but everything your board has the authority to do started there. Plus, we're tracking everything these days, from our calories to our steps, so why won't New York let you track your electricity usage with submetering? Get the answer, and the buzz on holiday bonuses, in our December issue!