Just wondering if there are any rules regarding cooperative apartment owners from hosting a large event (over 100)? Building is small 12 unit non-doorman building with small elevator. Seems event this size should get special Board approval but I do not know for sure if that is a "requirement".
On the city sidewalk in front of our Manhattan building, there is a small, u-shaped bicycle rack that our condo put up years ago (or perhaps had the city put up at our request) so that deliverypeople don't chain their bikes to our building's metal fence. (We don't have a doorman.)
Yet people -- both from our building and, evidently, elsewhere -- leave bikes locked there for days or weeks at a time. Sometimes we'll even find just a bicycle frame without wheels. Our on-site managing agent, who works for one of the biggest management companies in the country, says there's nothing he can do. He says city law allows bikes to be locked there overnight, night after night, and that if we remove them the condo can be fined.
In the meantime, deliverypeople who legitimately need to use the rack have to use the metal fence instead -- and our manager says restaurants with deliverypeople who do so won't be allowed to deliver to our building. That seems to penalize condo-owners who have nothing to do with these derelict bikes.
Is there nothing we can do? Must we have derelict bikes and ugly abandoned frames in front of our building, preventing deliverypeople or bike-riding visitors from using the rack? And what about penalizing condo-owners because of that? Does anyone have any suggestions?
If a water lien in our multi unit condo is sold, how is the total amount due distributed? Is it based on % of interest ? Trying to plan for the inevitable.
> Join the conversation Comments (1)i was shocked when my roommate discovered my personal information in the recyclable paper bin. The board president had thrown out all the information I had supplied for board approval to purchase. My SS #, bank accounts, credit cards, credit score, tax returns. It also contained meeting minutes and emails between board members. I called management and informed them of what I discovered. I do not have a good relationship with the board because of prior indiscretions. I think that at the very least I should have received an apology. I am a shareholder who has been marginalized and disenfranchised. The same board members for years, with no change in sight, the option to vote them out is nonexistent. I am so disgusted and repulsed by them. The annual shareholders meeting is in April and I am very apprehensive about attending since I have already been the subject of verbal assaults at previous meetings. Very sickening!
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The coop’s Board of Directors has had the same for almost 20 years. At latest time they did not have a general meeting for 5 years. There is a meeting scheduled for next Thursday. It is the first meeting in 4 years this time. The house By-Laws say there must be a meeting once a year.
There was no list of nominees provided. We called management and said they would only tell us who the nominees are at the meeting. Right after the meeting was scheduled, a group of people asked to be nominated for the board. Management is preventing these people from being included on the ballot. The rules do not have a nominating procedure specified. All these people meet the rules of who is allowed to serve on the board.
In addition to not accepting nominees, management is also not providing a complete list of shareholders or their contact information to anyone. The building has a lot of tenants so we don’t know who owns many of these apartments. We can’t contact them to find out their opinion about the board or elections. Meanwhile, we know management has been in contact with many of them and is collecting proxies for their candidates.
We believe there is fraud on the board, including embezzlement/ misuse of funds. Management is profiting from this and wants to keep things as they are. How can we fix this situation? Do you have any advice for us? Do management’s actions violate any laws? If they do, what can we do about it?
Back to the late fee. Our coop has traditionally accepted paper checks / payment on the 15th of the month "in-hand." Anytime after that is considered late. In other words, you can go to the office and drop off a check.
Now we have the option of electronic payment.
It seems an eCheck is essentially the same as a paper check. If payment is made electronically by the end of business on the 15th, and eCheck should count the same as a paper check. Thoughts?
I own a condo in a small building. My smoke/CO2 alarm has not been operative. It's not just a matter of changing batteries -- I loosened the unit from the ceiling and note that it is labeled as "AC powered with battery backup." I checked the fuse box and everything looked ok; there were no blown fuses, so I should be getting electricity throughout the apartment. I wrote the board and managing agent for help in repairing it, and received the reply back that I'd have to pay for any repair. There also is no House Rule that stipulates that owners must keep their smoke/CO2 alarms operative. I realize that condo owners have more autonomy than coop shareholders so I suppose it's feasible that condo owners are financially responsible for their own smoke alarms. But since our building is an old tenement building it would seem to make sense to have a house rule that all units must have working smoke alarms. A fire in one apartment will spread to the rest of the building. What are the norms regarding smoke alarms in condo buildings? Should I suggest a new House Rule that all units must have working smoke alarms? And it wouldn't be much of a stretch to get some help from the managing agent in keeping them in repair. We don't have a super, however--to save money the building only pays for a porter (who does a great job in keeping the building very clean, but does not cover super duties). Thanks for any advice.
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As we all know, cooperatives must treat all shareholders equally. The tradition in our coop has been that all shareholders can offer their apartment for film/TV shoots and the coop has never indicated otherwise. We have a freight elevator that allows access to all floors with minimal inconvenience as it is usually idle. There is one large apt on the first floor that gets almost all filming deals. Recently an upstairs shareholder was contacted by a location scout and the Board President, out of the blue ,told the scout no upper floor apartment are permitted and gave them the 1st floor owners contact info.
It seems very unfair to allow one shareholders to benefit monetarily for such an arrangement and deny others this opportunity and potential added value. (When they sell their apt. this added opportunity will , no doubt, add vale.)
We were never notified of this sudden, arbitrary rule change.
Is it inequitable? Nearby cooperatives allow apts upstairs as well as first floor.
Our proprietary lease states the following. What is the current maximum legal rate of interest? (I think it is 16%.)
And also does this mean that if you pay, say, ten days late, they can only charge that portion of time and not for the entire month?
"... the lessee shall pay interest thereon at the maximum legal rate from the date when such installment shall have become due to the date of the payment thereof..."
Hello Board Talk participants;
We are curious to know if any of you are board members in self managed communities or buildings and if there are any self managed organizations you belong to, and what other resources your board uses most commonly for advice regarding your property management inquiries.
Thank you.
asktherpropertymanager.com
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You would have to examine your condominium’s declaration, by-laws and rules and regulations to see if there is a clause specific to large events being held in units. If nothing is stipulated, I think a board would be overstepping their boundaries by requiring board approval. However, the board pursuant to its general authority to manage the condominium and its common areas, may want to acknowledge, via letter, that they are aware of such a gathering being planned and remind the owner of their responsibility for their guests (e.g. noise by-laws, building damage, garbage removal, elevator use etc.).
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