If the spouse of a Boar Member attempts to sue a coop for a frivilous lawsuit, say a "slip & fall" - should the Board member resign ? Something seems like a conflict of interest here.
Coinmach does not service our machines well enough, they're old and we'd like to learn about other vendors. A small building, we only need 2 washers and dryers. Anyone know of a good lead? And, how do we find out if we have a contract with COinmach anymore? We changed managing agents and can't find contract, COinmach has refused to send us a copy as well.
Our Board is taking steps to reduce the building's energy and water consumption. In your experience, how (can?) do you convince individual shareholders to reduce their water and energy consumption?
We want to make some changes to our Proprietary Lease and wonder if we need to call a special Shareholder's Meeting to vote on these issues or if we can send out letters with ballots to each shareholder. We know we need a 66 2/3 percent of the vote to make these changes and are pretty sure we'll get them. Any advice as to proper procedure for having this vote as we want to make this airtight and legal. We want to insitute a flip tax, impose escalating late fees on arrears and maintnece, and change from cumulative voting to one unit=one vote. Thanks,
Do any of you have any experience with condo or co-op buildings installing a metering system for heat for each apartment that , just like with electricity, has residents pay according to their usage. Our building, like many others, is predicting a huge jump in energy costs, especially heating. This would be one way for us to cut down our costs, and have a fair system for allocating costs.
We have a Board member who has, in emails to other Board members, accused a shareholder of disorderly conduct and intoxication in the past. She cited instances of this behavior, I believe, to justify her questioning guests of the particular shareholder. Is it ever appropriate for a Board member to email sensitive information about a shareholder? (I also do not know how accurate her accusations are.) Are we risking legal liability by allowing her to do this? Another issue is whether Board members should question visitors when we have security guards. Thanks for any guidance.
our building stopped allowing washing machines after most board members had them) BUT now a sponsor has put a new one in an apt. he is fixing to rent! Can he violate the rules like this?
Hello:
I serve on a board of seven. Currently we have one member (who is also our treasurer) that just sold his unit.
Another member is in contract to sell.
Is it legal and/or ethical for either of these members to remain on the board? If so, at what point should they remove themselves?
Is it a conflict of interest, especially in the case of the treasurer, for them to be making crucial financial decisions for a corporation in which they are soon to have no vested interest or be accountable for their actions?
hi everyone...i am in a 52 unit (coop) building in brooklyn near the botantical gardens. We are looking to hire a new super asap. Can anyone give advice as to how to find a new super beyond asking the management company? Also through my research i know about http://www.nysupersclub.org/
which seems focused on manhattan.
Any advice is appreciated and thanks in advance!!!
Do any of the Boards offer payment of maintenance by use of charge cards?
Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
When we updated our Proprietary Lease in 2006, an amendment successfully passed that requires a Board member to resign if s/he or an immediate family member is suing the Coop.
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.