Co-op buyers can no longer put maintenance fees in escrow as a result of new rent laws

… inventory and give extra protections to marketrate tenants are having an unintended consequence that may make … buyers to gain board approval The laws new onemonth cap on security deposits appears to also prohibit coops from asking … the ownership structure of a coop is based on a proprietary lease rather than a deed buyers are technically …

By Emily Myers |October 23, 2019 - 9:00AM
Dear Ms. Demeanor: What can a co-op board do about a shareholder who wants us to hire his guy?

… $25000 for the project One shareholder started screaming at us that he knew cameras and there was no way it could cost … or the fact that we depend on our management company to get us reliable people who have worked in their other buildings … says they have a guyor a galinvite them to pass along contact information to management You were not elected to …

By Dianne Ackerman |September 27, 2019 - 9:00AM