Podcast by Legal Talk
The Hoarding Police
The Hoarding Police by Legal Talk
When People Use Their Power
If you think your board of directors is not paying attention to what the ordinary joe apartment owner thinks is important, it’s time to get their attention. There are lots of ways to do that, and organizing a special meeting is one of them. Marc Schneider of Schneider Mitola and Elliott Meisel of Brill & Meisel offer some down-to-earth advice on this powerful option.
Selling an apartment is a huge undertaking, and lots of money changes hands. One hand that is often outstretched is that of the co-op being left. Depending on what a co-op’s governing documents say, a transfer or flip tax might be collected. For the seller, now flush with cash, that fee provides welcome revenue to a co-op’s coffers. But for the co-op corporation that doesn’t have a flip tax, it’s a missed opportunity. Listen as Norman Himmelfarb, of Himmelfarb & Sher, and Andrew Brucker, of Schechter and Brucker, lay out what’s needed to make the flip happen. Featuring the song “Jazz’n’Out” from the album Jazzafari Bea Tape Vol. 1, licensed under CC BY-NC-SA 4.0.
The Gray Zone
Boards make all kinds of decisions, and most of the time it’s pretty clear what is legal and what is not. But some activities cross into the gray zone – not really illegal, but not a good place to be, either. Dennis Greenstein of Seyfarth Shaw and Marc Landis of Phillips Nizer mark the boundaries of this zone and come up with the ultimate solution to avoiding it.
Can The Super Fix My Leak?
In every co-op or condo, there is a go-to guy. He’s the super. These men, and yes, they are mostly men, work for your building, are covered by your building’s insurance policy, and are on your building's payroll. They take care of everything in your building. The one thing they are not paid to do, though, is to fix stuff in your apartment. But they do. And for co-ops and condos, that can be a problem. Dean Roberts of Norris McLaughlin & Marcus, and Phyllis Weisberg of Montgomery McCracken Walker & Rhoads, offer advice on what to do. Featuring the song “Lose the Box” from the album Swing Soiree by Ménage Quad, licensed under CC BY-ND 4.0.
Mark Gauthier’s ten unit co-op is steeped in history. It’s in the Jackson Heights’ historic district, it was built in 1922, and it still uses the original set of bylaws. That’s right. Their bylaws are 92 years old. Seems like it’s time for an update. Listen as David Berkey, partner at Gallet Dreyer and Berkey, and Joel Miller, of the law firm Miller and Miller, lay out the what’s needed and why, and what it might cost. Featuring the song “History Repeats” from the album The Simple Life by Josh Woodward, licensed under CC BY-NC-SA 3.0