Condo boards, co-op boards. Different names, same stuff.
Thing I found most interesting was full cost awards to condo members vs directors for their nonsense.
Let that serve as warning --- and important legal precedent --- for all co-op boards who think they have unlimited powers and are not accountable to members.
Thanks for great link. It should be posted at all co-ops.
I lived in housing co-ops for approximately 30 years and for many years was an active volunteer on the Maintenance Committee.
I'm writing this blog because there is very little information on the web about dysfunctional co-ops. This blog will give an overview of what is transpiring in our co-op and its consequences, particularly as it pertains to vulnerable subsidized members. I intersperse my account of co-op living with snippets of my life's experiences outside of the co-op realm.
Condo boards, co-op boards. Different names, same stuff.
ReplyDeleteThing I found most interesting was full cost awards to condo members vs directors for their nonsense.
Let that serve as warning --- and important legal precedent --- for all co-op boards who think they have unlimited powers and are not accountable to members.
Thanks for great link. It should be posted at all co-ops.