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My co-op didn’t have an annual meeting last year due to Covid (management company isn’t very tech savvy) and this year I had to push it to have one. There’s definitely some confusion with the setup. Voting and instructions packages didn’t arrive in the mail to all so I said please email too besides the fact that some might be WFH somewhere else. I also had to push to get the financial report. We have 6 slots and 6 candidates so basically all get in. Can they insist on a quorum if we didn’t have a meeting last year? How could you skip two years without having an annual meeting?
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Thank you.
I also think that a management company should lead any communication to all the shareholders about the Annual meeting and not also a board member confusing things and chiming it besides the fact that if they’re running to me it’s inappropriate. Too many emails about the same thing. Also one of the board members communicated to all - to have a “legitimate” meeting etc.. I felt that was inappropriate and why put that out there.
Please advise
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that you are in violation of your Prop Lease and probably additionally NY State Corporate law.
Raise your voice to move strongly to get your current managing agent out the door with no return. Get someone smarter and with more of a work ethic.
These are tough times for coop's with good management, you cannot afford this incompetence.
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