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Is it legal to play Bingo game in NYC coop?
> Join the conversationI was wondering if there is a NYC law as to the legality of playing Bingo games in Coop. I am a Board member in our Coop and we purchased Bingo game for our sharehoilders to play. We want the people to have a fun to play it . Are we allowed to play?
> Join the conversation Comments (1)We need to install a sidewalk bridge, but running into a problem with our neighbors. They have a bridge installed over our property line. Are they required to remove their bridge and should we be responsible for their cost?
> Join the conversation Comments (2)
Our property management company seems ‘to have stopped working for us for about 2 years’. They do the bare minimum and they do not even do that right. We have complained systematically about them paying bills late, arranging for services that cost twice the standard rates, providing us with inaccurate monthly financials, etc. – Instead of admitting to being at fault or having made mistakes, the company president said ‘we always look at the glass half empty’ and that we were too much work for what we pay them ($1000/month for a 30 unit building; which I know to be industry standard). – he decided to terminate our contract. – we feel of course relieved, because we truly feel they are unprofessional and incompetent, but we have 2 serious outstanding issues, and our contract with them ends in 3 days:
1) they recommended and arranged for our boiler to be converted from oil to gas because it’d be more cost effective and we would get tax credits…well, they never filed the paperwork , so we never got any credits, and the contractor they hired did something wrong and we were issued a violation for over $12,000. We have systematically requested copies of the violations for over a year, and they simply ignore us.
2) They were late processing our tax abatements credits (for the last 2 years), and when they finally did it, they did it all wrong, and on top of that, they charged a mysterious assessment, that, we, the board never approved. We requested a breakdown of what was charged/credited so that we can reconcile the shareholders’’ accounts. Not only did they ignore our request, they said that if we wanted to contact them we should do so via our new agent, who doesn't start working with us for another 3 days!!
Where can I file a complaint so that we can get these issue resolved? I just want the information I’m requesting.
I am a board member of a small (17 units) residential Co-op in NYC.Our property taxes have drastically gone up since the past 2 years and now amount to ~ $90K. Our taxes used to be around $30K before that. We're behind on our tax payments accruing interest; thus increasing out tax amount due. I am interested in finding out what options do we have to bring down this huge hike? And how do we go about doing that. We have a few low income senior citizens unit owners. They might be eligible for exemptions. One attorney said he can't help us on the tax issue.
Your responses are appreciated!! Please Help!
We are being encouraged to accept a proposed budget that seems to defy common sense.
All shareholders have been assessed in order to pay for new elevators currently being installed.
The managing agent wants the funds received from the new elevator assessment in 2013 to be included in the 2013 budget as co-op income. Doing so will make the budget appear balanced.
However, the contracted costs for the elevators are not included among the 2013 expenses.
In other words, the budget is being made to appear balanced because income from an assessment to pay for contracted capital improvements appears to be available to pay for our utilities, building salaries, etc.
Obviously, if the assessment money is used to pay for general operating expenses, it won’t be available to pay for its intended purpose – the new elevator contract. Conversely, if the assessment money is used to pay for the elevator contract, it won’t be available to pay for general operating expenses.
In my opinion the proposed budget is deceptive.
Can someone advise as to whether this kind of budget manipulation is standard and acceptable practice for co-ops?
Or is this kind of budget manipulation a warning sign that we should be looking for a new managing agent?
Question for NJ coops. Our building is trying to deal with arrears by renters in units owned by our building. My question is, if someone is in arrears for many months and it is apparent they can no longer afford to live in our building, can we NOT renew our lease with them? Can we give them 60 or 90 days notice saying it is apparent they can't afford to live in our building and we are giving them time to find a new place to live and tell them we are not renewing their lease. Fellow members on our Board feel that possession is 9/10s and we can't do this.
Has anyone else had to deal with this as of late? We aren't trying to be mean, but the economy has caused hardship and we need the rent to pay everyday expenses. I have asked if we can have our attorney review this but I get the same argument from the Board, which I am on, that we can't add language like this. I find this odd as we can prevent someone from moving in for financial reasons.
The board president is also the treasurer in my building. Since we have enough people on the board so that this is not necessary I find this odd. Is it normal for one person to hold 2 positions on the board?
> Join the conversation Comments (2)I'm new to the Board; during my first meeting, I noticed that the property manager is the corporate secretary for the monthly board meetings. Should the secretary be a director of the Board and not a third-party member?
> Join the conversation Comments (1)Are shareholders entitled to receive a list of all other shareholders?
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As long as there is no money or other prizes involved, it is probably ok. But since I am not a lawyer, I would strongly recommend you check with your co-op's attorney to find out exactly what you can and cannot do.
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