Is it common practice that a co-op attorney is appointed as a director/board of director too?
Wouldn’t that be a conflict?
Also is it appropriate for the attorney to use the director title when it works for him?
One time he sent a letter to someone in our building and didn’t sign it besides listing himself as the director of co-op and not attorney..,,why if he’s our attorney?
I know the board members were OK with this but to me its odd.
My coop experience has unfortunately been horrible.
Our sponsor has maintained control over the building for decades. She has full influence over the property manager, and our board is packed with her picks. She and the property manager illegally cancelled the building election three years ago, and we haven't had one since. Their excuse is quarantine.
Among other issues, I was assaulted by one of her tenants - who has since moved out. No security camera was installed in the area where the attack occurred (and the board has refused to install one since.)
I have no doubt this individual has a record, and would like to at least present that information as proof the sponsor DOES NOT do due diligence re: who she rents to. Unfortunately, I'm disabled and on a strict budget. Are there ANY tools or contacts that would be of use to me? Thanks!
I wanted to ask about this part of the annual meeting where we vote for officers..I had mentioned that I felt ambushed when asked to sign a code of ethics and if I don’t then I’m off the board and didn’t know ahead of time but others new on the board since I was new. Why didn’t the attorney have the document or even other’s documents that they wanted me to sign sent to the board members so we can discuss it?
He also mentioned something about him and someone in our management company to be officers…something like that and again didn’t have the documents in front.
Also he said a code of ethics is has more power than an NDA. Is that true?
I was voted on the board and found out during the meeting at the end that there’s a code of conduit document and I have to sign it or I’m off the board. I never knew about this or else I would of never run. I was so upset. Is this legal? I don’t know anyone that lives in a co-op that does this. I felt ambushed.
Are there different rules/laws for selling apartments in a coop, based on whether you're an owner or the sponsor
—laws controlling who the SPONSOR is allowed to sell to (especially when he's trying to disengage from the building)?
We are trying to accomplish more owner-occupied units in our coop and do NOT want investors. The sponsor knows this, and yet...
He sold one of his units to another investor. That investor never lived in the building, and immediately rented it to a family who already lived here but was looking to move within the building. That tenant moved out within a short time (year or two) and the apartment is now rented to yet another person.
Thank you.
Is it appropriate for the President of the board to send out emails using their name and not ending it “Your Co-op Board” or something like that?
In our co-op the President sends out random emails and doesn’t even let the board give input and some are long with lots of details.
How is that a team besides that quite a few times the emails were hostile and disrespectful.
What are your thoughts on the President of the board who contacts the co-op attorney to rat out a fellow board member when they think that maybe they did something wrong. It’s not even that serious but it happened two times already. The President didn’t even consult the other board members .
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After we have an annual meeting and we know who will be elected who leads the conversation on appointing each role?
The current president sent out communication already to stay after, etc and she’s acting like she’s the President for the next year but she wasn’t elected yet.
Is it a board member, management company or attorney leading the conversation.
We've not seen any specific guidance on whether we can reopen our building playroom for kids' parties. We have allowed the playroom to remain open for one family's use at a time. The kids are mostly not vaccinated, but several parents want to be able to host guests and parties again.
We are willing to let them absent specific guidance to the contrary, with the caveat that we don't want to monitor anything, e.g., mask wearing. Any advice?
We think one of our broad members is subletting . He was asked who was living in his apartment ( as neighbors notice someone new) and he said a roommate but yet he’s never in the building and a woman lives in his apartment and it’s a one bedroom. Don’t want our board to look bad. What should we do? Report to management company? If it is true what would be the consequences?
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I don't like the idea of the co-op's attorney of record being on the Board of Directors. If this person is also a shareholder, there's an obvious conflict of interest. How do you plan to move forward with legal action against this shareholder if a problem arises? And even if the attorney/director is not a shareholder, it's still problematic. They'd need to recuse themselves from voting on whether to engage their services. Otherwise, there's a business conflict of interest. "Do we need to replace light bulbs that burn out? Better call the co-op's attorney for a consultation!"
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