By Adam Leitman Bailey and Dov Treiman As the trilogy of real estate values rising, building usage changing, and cellphone and Internet communications became universal, wireless telecommunications companies became popular defendants in the Commercial Part of New York’s Civil Court. Owners began examining their rooftop antenna agreements to determine means to terminate them. Many of Full Article…
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Persuasive Personal Skills, Habitat Magazine
By Adam Leitman Bailey You may have an idea that is crucial to the viability of your building. How do you convince other that your idea is a good one? Here are a few suggestions that should allow you to persuade others and as a result, make your building a better and economically efficient place Full Article…
Constraints on Board Action – BCL §501(c), New York Law Journal
By Richard Siegler and Eva Talel For decades, Business Corporation Law §501(c),1 which mandates equality of shares in a corporation, has been a limit on actions of cooperative housing corporations, culminating in the 1985 Court of Appeals decision in Fe Bland v. Two Trees Management Co.2 which expressly applied §501(c) to co-ops.
When Boards Determine Not to Act, New York Law Journal
Urban living usually means sharing walls, ceilings, floors, hallways and lobbies with neighbors. This close living and sharing of space may lead to disputes between neighbors. In co-op and condominium buildings, the aggrieved party often looks to the board of directors or building manager to solve or alleviate the problem at the source of the Full Article…
How to Handle City-Issued Violation Hearing, Apartment Law Insider
By Adam Leitman Bailey If you get a city issued violation from certain city agencies, such as the Department of Buildings (DOB), the NYC Fire Department, or the NYC Department of Sanitation, and you want to fight it, you’ll need to appear at the Environmental Control Board (ECB) for a hearing. Here’s what you’ll need Full Article…
Negotiating Laundry Room Contracts, The Cooperator
By Adam Leitman Bailey and Dov Treiman It’s amazing how good building owners and managers are at increasing and garnering revenue from residential tenants while at the same time leaving themselves to the will and whim of laundry room operators who impose contracts lasting for decades with automatic renewals, rights of first refusal and other Full Article…
Q & A: Closing Question, The Cooperator
By Guy Arad Q. I have an accepted offer on a condo in Manhattan, and I have a letter of commitment from my lender. Before proceeding to submit my application to the board, I was instructed by the managing agency that submission of tax returns, payroll stubs, and bank statements are necessary to process the Full Article…
Q & A: Is That Fair? The Cooperator
By Adam Leitman Bailey Q. My question is pretty straightforward: can a board member hold both the title of president and secretary concurrently? Article VI Paragraph 1 of our bylaws, entitled “Officers” states that “The officers of the Corporation shall be a President, one or more Vice Presidents, a Secretary, and a Treasurer” but our Full Article…
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