New York's Cooperative and Condominium Community

HABITAT

BOARD OPERATIONS


HOW CO-OP/CONDO BOARDS OPERATE

How do NYC co-ops and condos operate? Governed by an elected board of directors, these housing corporations are like mini-cities with their own bylaws and governing documents. Here you'll find articles on a wide range of topics that co-op and condo board directors need to understand to govern their housing corporation wisely. 

Consistency is Key When Setting Maintenance

Written by Andrew Stern on November 13, 2017

New York City

Co-op boards must pick a formula and stick with it to guarantee fairness.

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Developer wants to replace 420 affordable co-op units with new buildings.

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New and Old Ways to Create Institutional Memory

Written by Frank Lovece on October 27, 2017

New York City

Many boards are using the cloud to marshal their documents.

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Paper Invoices and Checks Are SO 20th Century

Written by Lisa Prevost on October 24, 2017

New York City

Computer software speeds purchasing, billing and payments.

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Online shopping hasn’t dampened asking rents – yet.

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Institutional Memory Moves Into the Cloud

Written by Frank Lovece on October 17, 2017

New York City

Project-management platforms store board documents in one place, forever.

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This school of thought says maintenance should be allowed to rise – gently.

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Two schools of thought on the best way to meet fiduciary duties.

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New State Law Seeks to End Conflicts of Interest

Written by Marianne Schaefer on October 05, 2017

New York State

Annual reports on contracts will be required beginning in 2018.

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Some boards can block children from inheriting their parents’ apartment.

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Ask the Experts

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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

Source Guide

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