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Rent Stabilization Law

an aggressive owner, let him or her do the job, and the board doesn't have to spend money. If the owner

Duty of Directors

Phyllis Weisberg, Partner, Montgomery McCracken Walker & Rhoads Saving money is a good thing

Committees

and the treasurer are stealing money, and demanding that the board make efforts to get the money back on behalf

License/Access Agreements

they don't want to spend the money on an attorney, they want to just go it on their own. But in the end, it

Statute of Limitations

to act, it can be much more difficult if not impossible to collect any money or get these defects

Tax Deduction/Depreciation

unit substantially. Now in normal situations, you would just charge them some money to buy some shares

Conflict of Interest

or not the board member has any financial interest in his family member's company. If he's not getting any money

A Line of Credit Is a Safety Net. Use Sparingly.

New York City

net, a rainy-day fund, a pot of money that can soften the sting if the building gets hit ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Condo Borrowing

, that effectively gave condominium boards the power to borrow money to make repairs and other capital improvements

“I Hate the Word Transparency”

New York City

how the condo’s money is spent, what work is being done and why, and what actions the board is taking

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Board Talk

Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!

Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 2024

Habitat Week by Week

Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.

Ask the Experts

learn more

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

see the guide

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