COOPSERVATIONS
COOPSERVATIONS is NAHC’s newest resource. Our blog focuses on topics most relevant to professionals in the co-op industry. Cooperative housing governance, development, financial issues and more are up for discussion. Stand with NAHC at the forefront of cooperative housing issues to keep the conversation going.
Eleven Tips for Speedier Board Meetings
by webmaster | June 23, 2017 | Cooperative Housing Governance
By Douglas M. Kleine Start on time. Even if there is not a quorum, you can cover various announcements, resident input or other non-action items. Tackle the most important issues early. Nothing says that approval of minutes, treasurer’s report, etc., have to be first on the agenda. Spend your energy on the tough things first. […]
Effects of Carpet on Exterior Masonry Balconies
by webmaster | June 23, 2017 | Physical Management of Housing Cooperatives
By Mitchell H. Frumkin Balconies can be a promotional highlight of a building, giving residents an opportunity to step outside and enjoy the view. While sipping evening coffee and reading a good book, most residents will notice the cool breeze long before thinking about their balcony’s stability. However, structural stability should be aforethought in the […]
The Key to DWV: What You Need to Know about Drain, Waste & Vent Piping Systems
by webmaster | June 23, 2017 | Physical Management of Housing Cooperatives
By John Griffith Your drain waste and vent (DWV) system is probably one of the most important components of your plumbing system, allowing the flow and removal of grey-water and sewage down drains and through waste pipes. Unfortunately, as buildings age, the corrosion of cast iron DWV piping can become a severe problem. Depending on […]
N.Y. Appellate Court Opinions Say No to Board’s Business Judgment Rule Reliance
by webmaster | June 23, 2017 | Other Cooperative Topics
By Herbert Fisher, Esq. and Randall Pentiuk, Esq. Authors’ Note: The authors did not research N.Y. Probate Law to see how it treats the inheritance of the shares as personal property (personalty). Under most state laws, the shares would transfer upon order of a probate court or a small estates affidavit, if applicable. Once that […]