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May 2016 Archives

What are the responsibilities of a board of directors?

Having a good board of directors is key to ensuring the smooth running of any cooperative or condominium. Without the board, any condo or co-op would be unable to function, and the happiness and satisfaction of owners and residents hinges on the board’s management of any number of different issues - yet many associations struggle to recruit directors, leaving vital positions vacant.

Tenants embroiled in 20-year dispute

A child born when a festering dispute over New York City tenancy and debt began would today be an adult. The dispute has ensnared both the low-income tenants of a Lower East Side property and a neighborhood credit union that occupies the first floor of the building.

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