CNYC’s 41ST Annual Housing Conference
Board Concerns Re Trust Ownership - 9 a.m.
with Partner Peter Massa
Board members and managing agents will appreciate this discussion of concerns the board should address when an owner seeks to transfer a unit to (or purchase it by) a trust or other entity. What are the risks? What restrictions might the board want to consider imposing? What is the typical procedure a board should follow when an individual desires to transfer his or her apartment to a trust? Sample forms of agreement will be provided and discussed.
Repairs in a Cooperative - Who's Responsible for What? 9 a.m.
with Partner Phyllis Weisberg
Is it the shareholder or the corporation that is responsible for a particular repair in a cooperative apartment? The answer is not always evident, but attorney Phyllis Weisberg will provide sound guidelines. References will be made to the proprietary lease, the by-laws and the law.
Best Practices for Co-op & Condo Boards - 9 a.m.
with Partner Andrew Brucker
How do the best and most efficient boards run their buildings? Conduct their meetings? Oversee the well-being of their community? What are the essential documents that every board member should understand? When and how are professional advisors best used? Join attorney Andrew Brucker, property Manager Michael Wolfe, who chairs the Resident Management Council at the Real Estate Board of New York, and accountant Rick Montanye for a discussion of best practices for efficient, effective leadership of your cooperative or condominium.
