Life In a Co-op Isn't Always Fair
Feb. 29, 2016 — At a co-op in Woodside, Queens, where the building’s electricity usage is included in the monthly maintenance, a shareholder complained that the board president burns a string of 40 ornamental lights on his terrace every evening and sometimes during the day. The co-op lawyer replied with a stern letter stating that the president is “not required to sit on his terrace in darkness.” What recourse does this unhappy shareholder have?
“Courts take a dim view of board decisions that are made in bad faith or with self-dealing,” real estate lawyer Andrew Bart tells the Ask Real Estate column in the New York Times.
On the bright side, the board president’s ornamental lights are probably not driving up the co-op’s electric bill by much. Shared costs are a part of cooperative living, and there’s usually some inequity.
“Just as you may choose to watch television every evening or listen to music, your neighbor may choose to read,” says real estate lawyer Leni Morrison Cummins. “Life’s not always fair in a cooperative.”
Especially when it’s time to share the ConEd bill.