Subscribe for Daily Updates!
Sponsor's Repairs and Licensed WorkersDec 28, 2010


The sponsor still owns a minority share of apts in our non-eviction conversion co-op. He has been ordered by the HPD to make repairs/renovations to the kitchen and bath in some of his units that fall under rent-stabilization rules. Is he obligated to hire licensed, insured workers to perform this work just as shareholder's are? I ask because he tries to do things a cheaply as possible and his tenants are demanding to see licenses and permits. He tells them he doesn't have to show them anything.

Also, leaks from pipes in walls and water penetration through the brickface are causing paint peeling and plaster cracking in his units. Does that mean he has to pay to abate the leaks or the corporation?

Thanks for your input.

Join the Conversation Comments (1)
Licensed workers - AdC Dec 28, 2010


Yes - the sponsor's obligations are essentially the same as any shareholder except for tenant screening and sales. The sponsor may try to intimidate the Board and manager, but this should not be a problem. If it gets difficulet, then get the lawyer involved.


Thank you for rating!

You have already rated this page, you can only rate it once!

Your rating has been changed, thanks for rating!

Introduce yourself to other members of Board Talk! Login below or register here.

Board Talk members who registered prior to March 9th, 2016 will need to reset their password.

Register

Forgot your password? Click here

> Join the conversation

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.

Introduce yourself to other members of Board Talk! Login below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Powered by eZ Publish™ CMS Open Source Web Content Management. Copyright © 1999-2014 eZ Systems AS (except where otherwise noted). All rights reserved.