Can their be different rules for for owners and renters when it comes to using the facilities(Gym, roof deck etc.) in a NYC condo building?
The managing agent of our brooklyn coop JAL Diversified has replaced the property manager in our building several times this year. Shareholders have urged the board to get a new management company to no avail. JAL has hired a property manager that was previously convicted of taking kickbacks and bribes. The board and managing company are aware of this, but nothing has been done. It is concern to me that contracts and projects may be hindered because the new property manager has a record for stealing money and taking bribes as a property manager. If the board is not taking action what should concerned shareholders do.
How do you hold your monthly Board meetings? We have an open forum for owners. For the 1st 1/2 hour of the meeting each person is only allowed to talk about their grievances for 5 minutes. It's always the same people who come to each meeting. Does anyone else do it this way? I think that most boards have closed meetings open only to board members. Any complaints or grievances should go to the managing agent and brought up at the meeting. It seems that the way we hold our meetings waste so much time, and are counterproductive.
Any thoughts would be greatly appreciated.
What information do you find that shareholders like to be given at the annual meeting?
Anyone have a great exterminator they recommend? Ours has not solved the rodent problem in our building in six months, pinning them down to a time they will come is as hard as catching these mice. We need new eyes on the problem. Suggestions? Thanks,GG
can anyone provide some guidance on establishing a gift fund. Members of the board want to establish some sort of gift fund for shareholders. This came up when a board member lost a parent and the board wanted to buy flowers to send. The board members wanted to take the money out of the operating account. I was told this had been done in the past for several shareholders. However my understanding of the money in the operating account is that it is to be used for building operations. Also I was concerned that no written policy existed. Thanks in advance for any help!
I have served on my board for the last several years and have become its President.
I find the work important and take it very seriously, but am burned out at times. I often have to marshall the rest of the board, management, and our professionals, to tackle issues and provide constant follow up.
The problem is this.
I would love to find a way to groom others either on the board currently or from our shareholder base to get involved and take a similar leadership position I have had to, to eventually begin to step back and relieve some of the burnout.
How have other board members on this forum approached similar circumstances?
This job is much to important for me to walk away from, but I am really frustrated.
in a 90 unit coop with handyman and full time super. does anyone have a standard for turn-around time for repairs - like a reported faucet leak? say - an ideal 48 hours or 24 hours? we have a problem with staff being slow and would like to hear what the standards of comparable coop are thanks
We are in the process of getting a laundry contract and are looking at going from the old fashioned Wascomat front loaders (we have no top loaders now) to one of the new energy efficient front load machines.
researching some of these shows that there are multiple complaints about mold in consumer models and just wanted to hear from others that have the new HE machines, we are looking at LG and Speed Queen, if they are having any problems.
This pertains to the annual shareholders meetings. The meeting room where we have traditionally held them requires a person to walk a flight of stairs to attend. (It is a rented room outside our building). Though our bylaws don't cover it (written before physical handicap accessibility laws), and it makes common sense, is there a requirement that the ASM be physically accessible? We have elderly and others in our co-op who cannot walk those stairs.
Should we be as barred from holding the meeting in that room as the handicapped shareholders are from attending it? Thank you.
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In most cases the amenities afforded to the owner are made available to the renter. So these amenities are available to renters (some are fee based): summer pool usage ($$), health club ($$), bicycle room,
There are a few exceptions such as cages. We do not have enough cages for everyone, so a renter may not be placed on the waiting list.
We have an upper and a lower garage parking deck. The upper is nicer and folks on the lower level put their names on the waiting list for the upper level. Renters are excluded.
All in all, the amenities for the renters flow through the owners’ amenities.
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