New York's Cooperative and Condominium Community
Our Coop has a Holder of Unsold Shares (lawyer) that does not assist in the administration of the house policies, access, inspections, etc. What recourse do we have? The board is timid about addressing these issues because he controls 24 units out of 75!
Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Habitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.
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
Got elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!
I'm not a lawyer and I haven't seen your Proprietary Lease for myself, but the Prop Lease usually has a provision for access within a reasonable amount of time for the Lessor or a representative thereof. I haven't come across a Prop Lease that exempts the Sponsor or Holder from this requirement (not as you would see an exemption from the Sponsor getting permission for an alteration approval, sale approval, apartment used as an office, etc.)
Use that paragraph if you need to stir the boat to get into the apartment. Even more so if the apartment(s) in question are causing issues with those to the sides or below.
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.