It's not unusual for condominium or co-op board members or directors to have careers that would make them a good candidate to be hired as a vendor by the board. For example, some may want to act as a property manager for foreclosed units or for units belonging to New Yorkers who winter in Florida or spend extended periods away from home on business.
Many condos and co-ops in New York City are adjacent to or even share buildings with businesses such as grocery stores or restaurants. Where there's food, there are often pigeons that leave droppings and build nests to start a family.
New York condominium unit owners and co-op shareholders are now going to have increased access to certain condo and co-op board documents. These include financial statements, legal documents, invoices and receipts and well as contact information of residents.
Here in New York City, many of us live in very close proximity to our neighbors -- and to their pets. Many co-ops in the city allow residents to have pets. This can present an issue for co-op boards if other residents have allergies to animals.
Many residents of New York City co-ops pay building maintenance workers and porters to do odd jobs in their individual apartments -- anything from changing a light bulb to putting together furniture. They know these individuals and often find it easier, less expensive and safer to ask them for help rather than call a handyman service or other professional. They may also feel like they're helping these folks out with a little extra money.
Condominium and co-op boards here in New York City have different rules around their voting processes. For some, all votes are secret. Some even use a double-envelope system. In others, there are no systems in place to keep the votes secret. That means that people on the board who collect the ballots aren't prevented from looking at them. They can conceivably retaliate against board members for their votes and even turn other residents against them.
What recourse does a New York co-op board have if a registered sex offender moves into the building with an occupant who has already been approved and is living there? That was a question posed recently in a real estate column in The New York Times.
He may not be as notorious as Donald Trump, but Shaya Boymelgreen is nonetheless a well-known and controversial figure in the world of New York real estate. Residents of his properties in the city have been complaining and initiating litigation for nearly a decade regarding construction issues and poor workmanship.
The New York City housing market is a unique and often challenging one. One type of housing that is more common here than in many cities is the cooperative, or "co-op." Even though co-op residents outnumber condo residents in New York City, condos are gaining via new construction.
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.