Cooperative Housing Blog
NAHC’s Cooperative Housing Blog addresses hot topics for professionals in the housing cooperative industry. Legal issues, governance, development, tax tips and more are all 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 Douglas M. Kleine | June 23, 2017 | Governance
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. Do the routine things […]
Effects of Carpet on Exterior Masonry Balconies
by NAHC | June 23, 2017 | Property Management
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 John Griffith | June 23, 2017 | Property Management
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 the external environmental […]
N.Y. Appellate Court Opinions Say No to Board’s Business Judgment Rule Reliance
by Herbert Fisher | 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 […]
