CNYC 42nd Annual Housing Conference 2022
Herrick partners Bruce A. Cholst, Andrew B. Freedland and Deborah Koplovitz spoke on separate panels at the Council of New York Cooperatives & Condominiums 42nd Annual Housing Conference.
CNYC’s 42nd Annual Housing Conference offered registrants 40 different classes for a day of learning for board members, committee members, prospective board members of housing cooperatives and condominiums and the professionals who work with them.
ENFORCING THE RULES - Session 310
Boards’ power to impose rules on their community residents is the quintessential feature of cooperative and condominium living. Unfortunately, the exercise of that power often results in acrimony and costly litigation. Attorney Bruce Cholst discussed strategies for enforcing the rules while minimizing tension and the prospect of litigation. If litigation is unavoidable, he also explored boards’ powers and legal remedies in compelling compliance with their regulations.
SUBLET ISSUES IN NEW YORK COOPERATIVES - Session 314
Many cooperatives periodically review their sublet, admissions and "guest" policies to ensure a consistently balanced approach to the changing needs of the building and its shareholders and to consider the effect of new laws on the process. Attorney Andrew Freedland examined subletting both from the point of view of the board of directors and that of shareholders wishing to sublet. He helped participants consider procedures for reviewing sublet candidates and sublet fees. The class also explored restrictions and conditions that boards might consider imposing in sublet situations, including short term sublets. Laws and possible board policies with respect to occupancy by 'guests' and 'roommates' was also discussed.
ALL ABOUT HOUSE RULES - Session 113
Every cooperative and condominium starts its existence with a set of boiler plate house rules. Over time these can be updated, amended, (or simply ignored!) as new building policies are instituted. Attorney Deborah Koplovitz discussed the role of House Rules in a cooperative or condominium, their relationship to other corporate documents, how to change House Rules and ways to make sure that everyone knows what the House Rules are. Examples of what belongs in the House Rules and what doesn’t belong was also discussed.