New York's Cooperative and Condominium Community
last uears annual meeting , there was no quorum, however they carried on with the meeting , the seats that were up for election, 2 board seats, what happens to them,? They never asked for candidates from the floor. i think they just autoamtically approved them, during the meeting one of the people seeking reelection, on a explosive subject that was brought up due to their secret change of the house rules to self deal more,stated we don't have to tell the insurance company, basically saying we should commit mortgage fraud.
Also for 2 years they ried to lower thje board from 7 to 5 once their puppets moved or died, it didn't pass for the first year, and the second year they made it pass, so they lowered the board to 5, with a fight from the shareholders.
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