Written by Jon Kolbrener on April 25, 2013
Portions of the New York State Labor Law were enacted to protect workers injured on construction projects. They allow an injured worker to sue the owner and general contractor even if they did not cause the accident. (One part of it is Labor Law 240, colloquially called "Scaffold Law.")
Written by Jon Kolbrener on April 23, 2013
Under the provisions of Labor Law 240, if a worker injures himself in a fall the cooperative (but not the shareholder) may face liability for a claim. Accordingly, all construction projects at co-ops should anticipate a personal injury lawsuit and devise a plan. Proper planning involves adequate insurance coverage and indemnity agreements. These obligations should be set forth in the contracts entered into with the contractors, and in the alteration agreement.
Written by C. Jaye Berger on April 09, 2013
Most co-op boards know about Labor Law 240 in the context of renovations on buildings. This is the law that makes owners, contractors and their agents liable for injuries to workers who fall from a height. It is also known as the "Scaffold Law." However, falling from a height can include a wide range of causes. It can include when a worker stands on a box to install a light fixture and falls. Most shareholders would be surprised to learn that it can also apply in some instances to renovations in their apartments.
Written by Sheryl Nance-Nash on April 23, 2013
Leaks are not a minor issue in New York City. In 2010, field crews for the New York City Department of Environmental Protection responded to 4,403 total leak complaints citywide, nearly 80 percent of which were deemed to be private service lines. In response, the DEP and the private company American Water Resources (AWR) recently launched of the Water and Sewer Service Line Protection Program for smaller residential properties throughout the city.
Written by Ronda Kaysen on April 18, 2013
One piece of the insurance puzzle that hit many co-op and condominium boards hard in the aftermath of superstorm Sandy was business interruption coverage. Some residents balked at the idea of paying maintenance fees while their building was rendered uninhabitable. In some cases, insurance policies covered maintenance fees for the displaced residents. In other cases, the policies provided no such relief.
Written by Tom Soter on April 18, 2013
To try to avoid unethical behavior by co-op and condominium board members, attorney Steve Wagner, a partner at Porzio Bromberg & Newman, suggests the board create and make members aware of its code of conduct or code of ethics. This includes a series of ethical promises: no kickbacks, full disclosure of any connection with the vendors, no self-dealing, and so on.
Written by Frank Lovece on April 16, 2013
Condominium and co-op boards can require residents to carry homeowners insurance. In two earlier articles, we looked at reasons for that and at ways to help enforce that requirement. So exactly what type of homeowners insurance should they carry? There are different types, and a unit-owner or shareholder buying the wrong kind won't have all the coverage he or she might expect — and if a severe issue hits, then the board may well find itself drawn in to patch up problems and then sue to recover the damages. And that's never fun.
Written by Frank Lovece on March 22, 2013
Many co-op and condo boards require its shareholders or unit-owners to carry homeowner insurance. It makes for a smoother-running building by, for instance, not having to have the building pay for repairs when an uninsured resident damages a common area, and then having sue the resident to recoup the outlay. Or if a contractor hired by an uninsured resident hurts himself due to the resident's negligence, leading the contractor to sue the building. So, yeah, lots of scenarios you could think of make it good to have your homeowners be insured. But enforcing that requirement? Good luck. Fortunately, there are ways to help you do that.
Written by Ronda Kaysen on April 04, 2013
In February, a 105-unit condominium near Ocean Parkway in Brooklyn saw its insurance premium spike by 30 percent to $44,000. A 148-unit condo on the Upper East Side of Manhattan watched its bill jump 10 percent, to nearly $72,000. And a doorman co-op in Prospect Heights, Brooklyn, recently swallowed a 9 percent premium increase. Condos and co-ops across New York City are bracing for an expensive insurance market, as insurers raise rates for the first time in years.
No building seems immune. Even co-ops and condos that are fully insured and haven't filed claims are watching their rates jump by as much as 9 percent and their deductible limits rising. Other buildings are discovering that their carrier simply won't cover them anymore.
Written by Arthur Weinstein on March 28, 2013
In a previous article today, attorney Arthur Weinstein explained how some seemingly innocent co-op board admissions-interview questions could backfire into charges of discrimination. This doesn't mean boards are helpless to make inquiries involving smoking, loud music, expectations of amenities and other quality-of-life issues. Here are five ready-made questions Weinstein suggests to help admissions-committee members safely navigate the shoals of co-op community-building.
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Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
A free digital resource for co-op/condo board directors. Published twice a month. Read now on all digital devices.