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Cooperatives > Election Issues

  • By: Michael Kayam
  • Published: April 8, 2020

Even prior to the COVID-19 pandemic, a common issue facing cooperative corporations and condominiums is low attendance at annual owner meetings, which makes it difficult to elect a new board or for the existing board to take actions that require owner approval. This issue has become more difficult to address due to COVID-19. Some of our clients have been inquiring…Read More

  • By: Michael Kayam, The New York Cooperator
  • Published: December 6, 2018

Q: The president of our board holds two positions, and his wife holds another. Their friend holds the last position. We had an election yesterday, and two new residents gave speeches running for positions on the board — one for the president's seat, the other for a regular member position; they lost. The president told us about the three positions…Read More

  • By: Stephen Lasser, The New York Cooperator
  • Published: December 24, 2010

Q: What are the rules concerning how many proxies any one person can submit? Also, does a person submitting proxies have to be a unit owner or even live in the complex? We have a situation where a renter, not an owner, of a co-op collects many proxies, some from older residents, and is in a position to sway elections…Read More

  • By: The New York Times, Quoted "Stephen Lasser"
  • Published: November 18, 2010

Q: When we asked our co-op managing agent for a copy of the co-op bylaws, he said that we could review them in the office but that he would not distribute them. Do we have a right to our own copy? A: “Co-op shareholders have limited rights to review or receive copies of corporate records and documents,” said Stephen M.…Read More

  • By: Stephen Lasser, The New York Cooperator
  • Published: July 24, 2009

Q: Do the shareholders in a New York City co-op have the right to obtain the tabulated results of a board of director’s election, rather than simply the names of the shareholders that won? If you are a shareholder who is running for the board, are you entitled to know how many votes (shares) you received? Are you entitled to…Read More