Boards Intel

Condo buildings in the Dumbo district of Brooklyn, New York City, USA on a sunny day
Boards
6 questions to ask before your board invests in new tech to run your building
Make sure to identify what your needs are before investing in new proptech to run your condo or co-op building. Here's what to ask.
condo board brick underground
Boards
What’s the easiest way for an independent condo board to take control away from a developer?
While a sponsor controls the board, there's a potential for abuses of power, such as controlling funds they shouldn't or ignoring faulty construction....
State Capitol Building Statehouse Albany New York Lawn Landscaping stock photo
Boards
Hochul approves a replacement for the J-51 tax abatement that could help condo and co-op buildings fund upgrades
A handful of bills could help boost affordable housing development in the city, and aid condo and co-op buildings in funding repairs.
A laptop is open on a table to an online meeting.
Boards
Switching to hybrid annual meetings? Here are three steps to avoid common pitfalls
Co-op and condo boards should check their technology, internet access, and do a test run before holding a hybrid annual meeting.
Introducing Brick Underground's new Board's and Buildings section
Boards
Introducing a new Brick Underground resource for co-op and condo board members
Brick Underground’s new Boards & Buildings resource features our award-winning writers covering topics such as board operations, property management, ...
Technical installations - air condition and chimneys - on a roof which has been painted white once in the past
Boards
The building next door wants access to our property. How much can we charge them in fees?
Reimbursement is available for legal and engineering expenses
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Boards Intel

Worried white man, thinking, in board room.
Boards
My fellow board members are meeting without me. What should I do about it?
It’s not uncommon for new board members to be viewed as outsiders by more experienced members. Approach this situation with a long term strategy—educ...
A row of colorful brick residential buildings along a street in Chelsea of New York City
Boards
Can you get paid for serving on your co-op or condo board?
It would be highly unusual for a co-op or condo board member to be paid for serving on a board and it could present conflict of interest issues.
Apartment buildings in the Lincoln Square neighborhood of New York City
Boards
12 reasons why you should join your co-op or condo board if you can
Serving on your NYC co-op or condo board allows you to have a voice in what improvements are made in the building. Here's why you should consider bein...
skynesher apartment construction workers
Boards
How to deal with a renovation that violates your co-op or condo board's alteration agreement
One of your roles as a co-op or condo board member is approving renovations and addressing any work that isn't authorized or causes damage. Ideally, t...
Entrance Canopy To Luxury Apartment Building in the Upper East Side of Manhattan in New York City
Boards
How often should our property manager be at our co-op building?
In most cases you would expect the property manager to be on-site at your co-op or condo building once a week. The management team will also help set-...
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Boards
New bill would require NYC co-op boards to give reasons for rejecting a buyer
A bill sponsored by NYC's Public Advocate Jumaane Williams would force co-op boards to tell rejected buyers in writing why they are being turned down.

coming soon

Boards Intel

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Boards
What are the time commitments and responsibilities when you join a co-op board?
If you're interested in joining a co-op board, ask a current or former board member how long the monthly meetings last; if decisions are made between ...
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Boards
Our apartment building is leaking. What are our responsibilities as a board?
If you have a leak in your NYC co-op or condo building, the board needs to hire an architect to find the cause of the leak, and whether it is due to a...
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Boards
Our board would like members to sign a confidentiality agreement. What’s the best way to approach this?
A confidentiality agreement binds board members with a legal contract to treat information discussed by the board as a secret. However asking co-op or...
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Boards
Can I be held personally liable for actions taken in my capacity as board member?
The personal liability of board members is covered by the business judgment rule, which protects individuals in corporations, including co-op and cond...
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Boards
Can a building super serve on a co-op board?
Supers should attend board meetings to offer updates on building issues, but being a board member can be a conflict of interest.
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Boards
How should our board handle conflicts of interest?
Most buildings’ bylaws prohibit self-dealing. However, some important practices will further prevent claims of a breach of fiduciary duty. This includ...
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