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A group of candidates running for board brought a lawyer to the annual meeting to contest the right of the Sponsor to vote for board seats as he has done since conversion. These candidates with the help of sitting board members blocked the co-op's attorney from attending the meeting. The result was chaos and the meeting was postponed. The candidates with their own lawyer publicly claimed the co-op's attorney served the interest of the Sponsor though no evidence was presented to support this. In the chaotic, unprofessional, ego-driven world that is often NYC co-ops, anyone have experience in this kind of situation and advice on how to stop the warring factions?
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FUN!!
yes, I have seen some crazy meetings such as this... (on both sides) We have taken sponsors out, and changed entire boards, done it all!
Does the current Board need to be replaced as violently as this? There seems to be a lot of variables not in the picture here; but we are not here to play therapist and analyze the players, here is the bottom line:
Where was the managing agent during this?... and what was he/she doing?
They run the meeting, not the candidates.
When the meeting is to be re-held, inform the managing agent exactly how the meeting is to be run, with no variation.
They will/should know to bring an assistant to oversee the count, and at least one more associate, just to have a greater presence.
Know the protocol and stay the course.
~AR
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.