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info on financesFeb 10, 2013

i cant make the annual meeting . so i wrote to the co-op board and asked them to send me the annual statement and the amount of taxs i could deduct and any other inportant info to me via us mail i was told that the board wants me to send them a stamped self addressed envelope. i told them i pay a $320 dollar a month subletting fee and they could deduct the costs from that. they told me if i dont attend the meeting or send the envelope i wont get any information. . for the past 8 years i have not recieved any info. i asked a freind who is a board member and buiding manager to help me she said she would get into trouble if the board found out she helped me. i am disabld and find it hard to attend. what can i do/

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Cheap Board - Steve-Inwood Feb 10, 2013

Hi Ellennora,

I am sorry to hear about your troubles. I am a Board President myself. I cannot imagine my co-op being in such dire straits as to not afford postage (a little sarcasm here :)!

My co-op produces an electronic version which we make available: on our website; and via e-mail. Why don’t you offer a compromise? Ask them to e-mail it to you. If that doesn’t work, reply to this post.

Good luck!

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info on co-op finances - ellennora Feb 11, 2013

my co-op put up a email site SEND THEM AN EMAIL AND YOU NEVER HEAR FROM THEM ITS A GULAG and an info site .. ONLY IF YOU GO THERE IT WARNS YOU IN RED TO STAY AWAY AS THE SITE IS COMPROMIZED. TWO TIMES I WENT THERE AND MY COMPUTOR CRASHED. I HAD TO HAVE MY SON COME AND RENEW MY COMPUTOR. I TOLD THE BOARD ABOUT THE PROBLEM AND THEY INSIST I KEEP TRYING. MY DAUGHTER GOT THRU AND THERE WAS NOTHING ON THE SITE. TWO OTHER SHAREHOLDERS TOLD ME THEY HAD HE SAME PROBLEMS. AS THIS BOARD REFUSES TO LET US HAVE THE MINUETS OR TO ATTEND ANY MEETINGS THEY FOLLOW THER OWN SECREAT GUIDLINES. SEVERAL SHAREHOLDERS ARE NOW TRYING TO RUN FOR THE BOARD TO HELP OPEN IT UP. I OFFERED ALL THE HELP I CAN TO THE CONCERNED SHREHOLDERS. ALSO IF YOU GET THE MINUETS OR THE TREASUERS REPORT. IT HAS NO SIGNATURE OR THE NAME AND ADDRESS OF THE CORPORATION. I TOLD THE BOARD AT A REBELLS MEETING TO CORRECT THIS . THEY TOLD ME TO BE QUITE. NO TALKING ALLOWED. I REALLY DONT WANT TO SELL BUT I CANT TAKE THE HARASSMENT. THEY TURNED DOWN MY RENTERS BY DISCRIMINATING AGAINST THEM AND THEN RETAILATED WHEN I TOOK IN ROOMATES. I FILED WITH THE HUMAN RIGHTS COMMISSION AND THE BOARD REFUSES TO ANSWER ANY OF THE CHARGES. HOPING I WILL GO AWAY. I THINK CO-OPS HAVE A BAD NAME NOW AS I HAVE READ ABOUT SO MANY OTHER CO-OP SHAREHOLDERS SUFFERING FROM A PLAGUE OF XENOPHOBIC MAJESTERIAL BOARD MEMBERS. MY APT IS NOW FOR SALE . I HOPE THEY OK MY BUYER IF I GET ONE. THANK YOU ALL FOR THE INFORMATION.

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Bad Apples - Jean Feb 12, 2013

As Steve said, good luck!

Unfortunate that there is more than one bad apple in the Big Apple. There are reasons that Condos have become more predominant as some Co-op Boards have become bad landlords with poor regulation. Some in the State Legislature are taking recognition of this.

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Uncooperative Board - ANON2 Feb 11, 2013

Another issue with failed regulation of co-operative and un-co-operative housing. Consider implications of ADA if Steve's good suggestions don't produce results.

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