Our favorite resident board member has been voted out by the sponsor because by their conflicts regarding our building. He did not consider the majority of votes from the owners and just wanted to get rid of him. The building is in an uproar and think that it was senseless to vote. Is there any recourse the owner can have to get him reinstated? What is the time frame that the board member has to step down after the election?
we have one doorman that often leaves before his shift is over - he places his lunch break at the end of the shift and uses it as an excuse to leave and the other guy covers for him. Is this allowed? He is union.
I have an investment condo and was notify that the building will be undergoing windows replacement (from single to double pane). How do I treat the cost? Will it be tax deductible? Or, is it an addition to the basis of the condo? Does it matter whether rental property or residential property?
Do any buildings impose a monthly surcharge on pet (specifically dog) owners? Do boards consider this justifiable, given added inconvenience and cost of cleaning up after the dogs and handling complaints about aggressive dogs?
The water pressure tank needs to be replaced in a 6 story 29 unit coop. Any suggestions regarding what type to get, where to buy, etc? How do we figure out the pressure requirements for the building?
I just wanted to say how pleased our Co-op is that we switched from frontage billing to metered-billing for NYC water/sewer charges. In July, our 111 unit co-op paid $91,615 for the usual annual charge (up from $81,147 the prior year). This bill was based on frontage billing – a strange calculation based on how big the footprint of our building is on the street, how many floors and how many fixtures your complex has.
Then, we were able to switch to metered- billing (billing based on usage). Wow – we are currently saving 36.2%. And we haven’t even communicated this to shareholders yet to push for conservation.
If you are still using frontage billing, you may wish to check out switching to metered billing. We used a facilitator service (consultant) but to be honest, I can’t remember their name.
NYSERDA is now providing incentives for oil conversions that result in carbon emission reductions. Incentives are available for owners of buildings containing 5 or more apartments that convert their heating and/or domestic hot water systems away from the use of #6 fuel oil. Only buildings that are currently burning #6 fuel oil are eligible to apply. Projects can receive the lesser of up to $175,000 or 80% of the cost of the conversion. There is approximately $6.5 Million in incentives available.
Alternatives to #6 fuel oil include: natural gas, #2 fuel oil, biofuels/biodiesel blends, propane, woody biomass, district steam, and renewable energy sources such as solar thermal and geothermal systems. Buildings that switch to #4 fuel oil are not eligible to receive incentives through this program.
Incentives are based on buildings’ current fuel usage and the reduction in carbon emissions that result from the fuel conversion. That means buildings converting to the least carbon-intense fuels will receive larger incentives. In order to determine the exact incentive for each building, you will need 3 years of oil bills and you will need to use NYSERDA’s Carbon Reduction Incentive Calculator.
Here’s how the Program works:
Building owner submits a completed Application Package, which includes: an Application Form, Project Description Form, NYSERDA’s Carbon Incentive Calculator, a signed Terms and Conditions Form, a W-9 Form, and scanned or hard copies of three years of oil bills for the building.
NYSERDA conducts a site inspection to verify that the building uses #6 and that the conversion hasn’t been done already.
NYSERDA and the building owner agree upon the necessary scope of work for the project.
The building owner installs the full scope of work as agreed upon.
NYSERDA conducts a Post-Conversion site inspection to confirm that the #6 fuel oil equipment has been decommissioned, and that all other required upgrades to the system have been installed.
NYSERDA releases the incentive to the building owner.
Hi,
I'm on the board in a building that has a bed bug infestation -- they are in at least two apartments, that we know of, so far. We are in the early stages (one week in) of dealing with this, but right away there is a potentially big problem -- an elderly resident who appears to be a hoarder -- who has a significant infestation.
I have already been in touch with family, but they are either far away or seem not inclined to get involved. We are ready to spend the $ on thermal treatment of affected apartments, but this absolutely will not work unless the mass of possessions in the hoarder's apartment is significantly reduced. So far, she says she doesn't believe she has bed bugs (she's not reactive to the bites, but inspector provided the board with proof positive of infestation -- casings, blood spots on linens, etc.) -- and she says she's not getting rid of anything. (There is an entire room in her apartment that you simply cannot enter because it is so stuffed with junk, a lot of it clothing.)
We are scared because we know the infestation will spread unless thoroughly treated, but in its current condition, the hoarder's apartment is untreatable.
Thoughts???
Hi all...second message (sorry). In short, we have had serious condo issues...and were recently working with a lawyer to pursue the developers, but the legal fees were so much we had to end our relationship.
But, the lawyer achieved nothing. And, part of our case was with the AG in NYC...and they really didn't do much either For example, they subpoenaed the developers who did not respond...and the AG decided not to do anymore. In the meantime, the building, which is not even five years old, continues to decay...major structural problems. On top of that, we have learned that the architect and plumber used in the building process are recognized "criminals."
With all of this evidence and clear structural oversight, we cannot seem to get anyone on our side. Our next thought was going to the press, but owners are reluctant. We sorely need advice and guidance...and perhaps some retribution. Can anyone advise?
We just discovered that three of five units in our condo complex still have tentative certificates of occupancy (among myriad issues this condo faces...more on that later)...how do we go about changing their status to permanent? We are in NYC. Thanks.
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Typically the bylaws only state the the board can strip a member of their officer position, not remove them from their seat entirely. The bylaws usually state that the majority of members at large can remove entirely.
If you're stating that the sponsor removed without majority vote of all shareholders, this may be contrary to the bylaws. If they hold a majority in the building's shares, you may want to run it by an attorney who specializes in coop condo law.
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