new york times real estate section, questions and answer concerning co-ops.
this section is great for gaining knowledge on co-op laws and is easily searched using keywords.
Real Estate Q&A: Gaining Access to Proxy Votes
By By JAY ROMANO
Published: March 26, 2010
I am on the board of my Queens co-op. The president of the board always seems to know how everyone voted by proxies at the annual meeting. I’ve asked to see the proxies, and have been told that no one is allowed to see them. What is the law on this?
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here is the comment posted
March 31st, 2010
which is a reason to strip the board power to assign the parking spaces in indoor parking premium areas. They have the inside knowledge of who a shareholder voted for, and if you didnt vote their lines you will be skipped forever on the waiting list,
in my co-op at least three board members have been self dealing parking spaces to their non-shareholder children/grandchildren, skipping disabled shareholders and other shareholders on the waiting list for 10 years.
i even wrote the board and called them on it, i have my space,but will not let a board self deal. As usual they disregard the written garage rules, and no longer provide them to residents. They make believe they no longer exists.
There should be fines and economic sanctions that they are personally responsible for if caught self dealing.