Escorting a sponsor out the door took two years and some document sleuthing.
Escorting a sponsor out the door took two years and some document sleuthing.
Formal procedures matter – just try and win a lawsuit if you haven’t followed them.
How do you deal with a sponsor who won’t relinquish control?
When tempers flare between board and sponsor, take a breath and watch for a moment to talk calmly.
When, why, and how does a board work with the sponsor to accomplish things for the good of the building?
Meet the Manhattan condo board that knows how to get things done.
Time to cut the umbilical cord. But what if the sponsor won’t?
May a sponsor that converted a building to a condo be held personally liable for construction defects?
Encouraging a majority of the board not invested in a particular issue not to vote can ease board relations.
Different condo strategies for coping with sponsors and construction defects.