How many good and decent coop shareholders have been literally FORCED OUT of their homes because they went up against corrupt board/ management who had building funds and more at their disposal? How many silent sufferers are out there, not knowing where to turn?
habftm@gmail.com
How many good and decent board members have been removed from office by shareholders that do nothing but complain, never want to contribute, and make no effort to understand what is necessary to run a building?
Interesting perspective. However, in most cases the only way to remove a board member is through voting. If the community perceives that a board member is not acting in the best interests of the community, elections will prove them right or wrong. I have found that one reason for so much dissention amoung shareholders is lack of communication between the board and shareholders. Too many boards believe they can make decisions and not have open meetings and discussions with the community. They view themselves as "supreme beings" having to answer to no one. The best way to avoid a great many problems is through discussion and open communication. More boards should try it before making decisions rather than presenting everything as a done deal and you just have to live with it. Not a good attitude.
No doubt that there are self-serving board members out there that deserved to be removed from office; however our board goes above and beyond to be as transparent as possible. We hold open meetings, publish newsletters and distribute memos but we still have a noisy core group that only complain and never volunteer. If we made major decisions behind closed doors they would accuse us of forcing our will; if we are completely open about our decisions we are accused of putting up a smoke screen to mask what "has already been decided". Before being accusatory, I strongly recommend shareholders keep a positive attitude and volunteer. They may be surprised to learn that most boards are not evil groups hiding in a smoky room creating diabolical plots to destroy the building, but instead are open and honest with a community spirit that only want to do what is best for the majority.
Management recently send in contractors to fix some ceiling damage and they did such a poor job that I looked them up and found they were involved in the contractor scandal of some years ago. Are these contactors still in business and are they still getting kickbacks?
Could you please tell us where you found the info about the contractor... Thanks,,VP
They did such a terrible job that I Googled them, got nothing, then Googled again “contractor name and corruption” and they came right up.
What is the name of the contractor? I would like to know if they are the same people that renovated our building and ripped us off, with their incompetant work.
Our board bribes influential shareholders to direct opinion so it is impossible to remove them
The question was:
How many have " been literally FORCED OUT of their homes because they went up against corrupt board/management who had building funds and more at their disposal?"
If you had to move out of your apartment because you were harassed, threatened in any way, if your personal safety and well being were at stake, please email at this address:
habftm@gmail.com
You are asking for email addresses from people who have been threatened and harrasses into leaving their homes. What are you doing with this information?
What is the difference what habftm is going to do with this information. Maybe help the Shareholders in distress so they can get help. Nobody can make it worse than trying to throw out a shareholder from their home, I know it happened to me.
Our Board tried to cause a illegal forclosure on my apartment. I never voted, nor went to a Board meeting I personally didn't trust the people running. Any repairs that was the buildings responsibility they refused to fix in my apartment. I always had to take them to court to have the work done. They refused to collect my maintenance, they would put bogus charges on my statements, when I would dispute these charges they refused to respond to any of my correspondances. The bogus charges they put on my maintenance was to drum up late delinquent monies owed to the corporation to start legal proceedures. I found a way to direct deposit my maintenance into another corporate account, when they saw I beat them at their game, the Vice President called the bank where I had my mortgage and told them that the building wanted to do a foreclosure on my apartment, they claimed that I hadn't paid my maintenance in nine months, owed all those charges they attached to my maintenance and all the late fees and legal fees they attached to my statement. Meanwhile, all the maintenance they claimed I owed, was the maintenance in the other corporate account that each month I would write them to advise the Board which account the maintenance was in for each and every month, they just choose to ignore it and refused to transfer the funds into the operating account. The bank after I proved with deposit slips that I indeed paid each and every month on time, still went after me to try and accelerate my mortgage. I now had to hire an attorney, paid it out of my personal funds and sued the building. This litergation went on for four years out of my life. This current Board recently sent letters around the building that I sued the building. Some of the Shareholders are illerate idiots and refuse to accept that I had to save my home, they only know I sued the building, they don't realize that I too paid legal fees for no reason just to same my home. I am a widow and a senior citizen, they thought I would let them have my home out of fear, not knowing that I am a PHD in management and finance and am a whole lot smarter then they. This time they outsmarted themselves, unfortunately, they made many people leave their homes which they took over and sold for a profit and pocketed the profit. This is what is running the Board, yes I believe that if you find illegal practices and harrassment shareholders must fight and remove the Board regardless of what it takes it is your home, your investment.
I am facing the same situation, because defended the super after a board member call him a nigger or because I question the finance on the building. Sponsor has 12 units and those files any finance with state. Now, trying evict me.
Billy,, Start sending Emails. To the MangCo, Board members and other Shareholders. Not accusing, but asking questios... such as: Are the financials completed for this year. Could you please send a copy of the Budget... Is it leagal for you to ???...I am disturbed that the Managment called the Super....
Particuarly anything to do with your apartment. They become nervous when they see an Email Trail -- which can be used in court...VP
Billy the Board cannot issue fines it is illegal, the Board cannot evict you no Judge would allow them to take away your apartment. Read BCL and your Certificate of Corporation.
The key here is not to let them bully you,once they see your a fighter they will back off.
Good Luck!
DD
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My observation is that they are many sufferers as almost every second article posted here is about such.
Observer
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