New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

LEGAL/FINANCIAL

HOW LEGAL/FINANCIAL PROBLEMS ARE SOLVED BY NYC CO-OPS AND CONDOS

Week by Week: March 28

New York City

Week by Week 3/28
March 28, 2016

An intrepid new board cleans up a mess at the Lindenwood Village (Section D) co-op in Howard Beach, Queens, where years of self-management opened the door to fraud, erratic bookkeeping, and other missteps that nearly sank the co-op. When a slate of concerned shareholders got control of the board, they hired a new team of professionals and, in a remarkably short time, turned the co-op around.

Our second story tackles a less dramatic but no less serious facet of board life: how to protect your co-op or condo from a potentially devastating lawsuit when someone trips over a sidewalk tree pit in front of your building. It may sound silly, but it's no laughing matter.

In Week by Week we delve into the salvation of Lindenwood Village, and how not to get tripped up by a lawsuit.

Download it today on the App Store and Google Play.

Ask the Experts

learn more

Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

Source Guide

see the guide

Looking for a vendor?