New York's Cooperative and Condominium Community
This sounds, (all that I have just read from everyone)just like my building, it's awful, a forensic investigator might help but that costs lots of money. Is the Managing Agent just as bad? I would suppose so, because ours is since they only listen to the majority of the members. We have issues where our board made a separate board within. I would like to hear some ideas.
Could you share the name of your attorney - we need to find an honest lawyer who is able and willing to take on a corrupt condo. We also need a forsenic accountant who would work for a percentage of monies recovered.
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Our board stays in power by bribing a few influential owners who then sway opinion from their friends. These people are loud bullies and most owners don’t want to cross them.
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Our board also stays in power because our management company is able to manipulate and strategize keeping their friends on the board to the detriment of anyone who votes against them. Who is your management company???
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How about if everyone in a corrupt building writes a report to the Attorney General and sends it on the same day. We can alert the press that condo buildings will be doing this and we hope that potential candidates that hope to be elected to the attorney general’s office will investigate and prosecute corrupt boards of directors and corrupt management companies. If we can get this into the press and the attorney general’s office gets enough complaints, they could use condo corruption as a campaign issue. What do you think?
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Excellent idea
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Yes, the management company is just as bad. We fired them three years ago. Just before these people were elected a new management company was brought in, when these people got elected they tried to corrupt the management company, they refused to participate in our politics, they did nothing for the building and waited till they got fired. These people brought in another management company, they tried to corrupt them, they refused and quit. Now they brought in the company we fired, because they were always corrupt and now they are once again violating their fiduciary obligations, putting on illegal fines to shareholders maintenance statements. They even brought in their own corrupt attorney to work against us.
We had to hire our own attorney to protect us and hopefully, we will win and overthrow them in the upcoming election.
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