My Bronx 45-unit building recently went coop. We have 1 super and 1 porter. We just received the payroll report from our managing company, and notice the following pattern: Each week an employee call out sick. If the Super or Porter calls out sick or leave early due to sickness, the one that is still working, is paid that amount of hours in OT at time and a half. This employee is not working extra hours, they work their standard 8 hour day, and the one that went out sick is paid his sick pay. Isn't this double dipping?
The management company insist this is what 32bj contracted for their union members. Unless I'm misreading this contract, I have not located such nonsense.
I'm a union member, our has been in arbitration for 6 months, if 32bj Executives was able to negotiate a contract like that, my union needs them.
Despite copious amounts of Bird-B-Gone anti-pigeon spikes on our windowsills, we're still getting complaints from shareholders about pigeon droppings. How have other buildings dealt with this problem? Is there some person or some company you would recommend as a consultant? We're interested in talking with a specialist who doesn't have a vested interest in selling us $5000 mechanical falcons with scare tactics that make pigeon droppings sound like nuclear waste. And at what point do you draw the line and say that you've done everything you plan to do about the problem?
By the way, our attorney has informed us that the Board has no legal obligation whatsoever to do anything about pigeons. They are outside the building and outside the Board's responsibility.
OK – I have a question for the forum;
From our annual Real Estate Tax notice (BBL 2171,012 Manhattan), it looks like we can save $2,596.16 on our property taxes if we pay in full on 7/1/2009 (or 1.5% of our Annual Property Tax of $173,078). This looks like a great opportunity for us as we can only purchase CD's at 3/6/9 months at .5%/.55%/1.0% annual rates from Vanguard. We would have earned approximately $500 in interest if we invested the amounts in these CDs (on three $43,270 quarterly payments) for a net gain of about $2,100.
Does anyone see any downside? We have ample reserves to cover and we would pay the monthly escrow payment to ourselves to replenish the reserves. NCB is our current mortgage holder.
Thanks!
Just wanted to know if any one can recommend a good, reliable, and affordable construction company that specalized in renovations for interiors of coop buildings. Our building is looking for some one good that will not cost more in the future because of poor workmanship. Please feel free to share
I live in a condop, can I combine apartments? Would this require rewriting the lease stating that the bldg is a, let's say, 99 unit bldg instead of a 100 unit bldg?
Why would someone offer to sell his place for $149,000 + $5,000 closing cost as opposed to just $144,000?
Our Coop board is preparing a memo regarding proper installation of window air conditioners. Since we have metal frames we do not allow drilling into them.
Does anyone have a good set of instructions on how to do this? Most of what I can find is based on drilling into frame, etc.
Thanks,
David
do any of you that allow subleases require a specific sublease agreement?
Is that any reason not to allow a standard Blumburg sublease agreement form? Anything specific to look for in order to protect the coop?
TIA
in a coop with sponsor apartments - we understand that the landlord must pay for extermination of bed bugs in any given apt. - in otherwords, if a rent-controlled tenant has them, the sponsor pays for the exterminator. If a regular shareholder has them, the coop pays. Is this correct?
We need to do some interior work, which will likely take an assessment to fund. We anticipate that those shareholders experiencing financial difficulties are going to be negatively impacted (and, possibly, may not be able to pay for it). It seems unwise to delay needed work, but we are also aware of the extremely poor economy. Are other Boards delaying work due to the economy? Any suggestions? What if we charge only a small amount per month and take 1 or 2 years to replenish the (already low) reserves?
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If the porter calls in sick and the Superintendent has to perform his duties during the same time of work, he should not get OT. Same goes for the porter.
If the porter calls in sick say on a Sat. when the Superintendent is off and he performs the work then he is entitled to OT.
Resident Manager in Manhattan.
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