- Jurisdiction
- New York
Hi all. I'm writing this on behalf of my sister and am wondering if anyone might know about New York City co-op issues. My sister bought a co-op in NYC and she is on the board. They have a problem in their building that 3 residents are not paying the maintenance. COVID moratoriums protected some rental units but the residents are shareholders and they claimed that they didn't have to pay maintenance during the moratorium period. Now they are very far behind on maintenance and it is really difficult for them to pay what they owe in a lump sum.
They have a co-op lawyer but I am not impressed by what I heard. He told her and the board that can't really do anything and will have to wait until those people want to sell their apartment and then refuse the sale unless the amounts are paid in full. I used to be a co-op owner a lot time ago but never heard something like this before. I'd like to ask it here and would appreciate if some of you can provide some insight into what this attorney might be telling my sister.
They have a co-op lawyer but I am not impressed by what I heard. He told her and the board that can't really do anything and will have to wait until those people want to sell their apartment and then refuse the sale unless the amounts are paid in full. I used to be a co-op owner a lot time ago but never heard something like this before. I'd like to ask it here and would appreciate if some of you can provide some insight into what this attorney might be telling my sister.