Board Talk / Activities / Home - Habitat Magazine
The link above is a good site for questions and answers. It goes into depth on many aspects of coop living and the problems with managing agents and boards that pilfer the funds, which are becoming quite common in the news.
i am not saying that is happening in this building, however i do not think we have one person who is watching the books and accounting.
i noticed the managing agents operating budget monies had been tripled this year?
i think there are articles in habitat and in the cooperator where it is explained why this is a bad idea.
i remember asking a board member, which board members had check signing authority and who was the second.
They had no idea. This is a very bad sign
These post are my personal thoughts and comments only. They refer to my extreme displeasure that I am now looking for a new place to live after 28 years here, since I will not live in a building with a board president and managing company that refuse to follow the Business Corporation Law and our co-op proprietary lease and By-Laws. The rest of the board, have not functioned. The owner-occupied ratio dropped from 80% to about 50%.
Showing posts with label habitat. Show all posts
Showing posts with label habitat. Show all posts
Wednesday, May 5, 2010
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