Management Company for smallcoop


Hi,

My 16 unit coop is looking for new management. Someone prompt, trustworthy, and can manage the books. Our current management can do neither of these things.

Suggestions?

Categories: Management
By nyco | 10/16/2009 4:47 PM | Comment

Sponsor asking for unpaid SCRIE


Here’s an odd situation for you legal thinkers:

The sponsor of our coop building is only now asking for past SCRIE payments that one of their tenants applied for.

The payments in question go back as far as 2004.

Since 2005, when I became a board member, this has NEVER been mentioned by them at ANY board meeting we’ve had. Nor have they taken any initiative to settle this with our managing agent.

Again, only now are do they realize they’re due money, and they want the coop to pay it.

Question: They’re due several thousand dollars. How much, if anything, should the building owe them? Is there a limitation on what you can get back from the board for these tax abatement programs?

Categories: Taxes
By nyco | 05/12/2009 10:42 AM | Comment