Is it a conflict for a shareholder to be the manager of our five-unit co-op?

… … A coop shareholder can act as the buildings managing agent our experts say However if the shareholder is also on the … from a board position to fill the role of a managing agent Your first step will be to review the governing documents to … agreement for this arrangement You also need to talk with your insurance company to ensure you have proper …

By Emily Myers |August 14, 2023 - 9:30AM
Is your lease up? Some NYC landlords give concessions to entice tenants to renew

… but with the vacancy rate edging up in the Covid era some landlords are also offering concessions in order to … a month free flexible lease terms and even dropping the rent Its all part of an effort to counteract the exodus of  New Yorkers leaving the city and  record low demand for rentals Carole Bloom executive vice president of leasing for …

By Austin Havens-Bowen |July 28, 2020 - 1:30PM