September 20, 2025 - 22:55
In cooperative buildings, managing the behavior of shareholders can be a complex issue, especially when it comes to hoarding. Co-op boards have the authority to take action against shareholders whose actions have caused damage to the property or posed health risks to other residents. However, it is crucial that these boards adhere to their established rules and regulations during this process.
When a shareholder's hoarding behavior leads to significant concerns, such as pest infestations, fire hazards, or structural damage, the board must first document the issues thoroughly. This documentation serves as a foundation for any potential action. The board is typically required to follow a specific protocol, which may include providing written notices to the shareholder and offering them a chance to rectify the situation.
Ultimately, while co-op boards can take necessary actions to protect the well-being of their community, they must navigate the situation carefully, ensuring that all steps taken are in compliance with the governing documents of the cooperative.
October 8, 2025 - 20:29
Jamaica Rezoning: A Boon for Developers, Not ResidentsDespite community pleas for affordable homeownership opportunities, recent rezoning proposals in Jamaica have raised concerns among residents. The plans, which are touted as a means to revitalize...
October 8, 2025 - 01:23
Chicago Real Estate Photographers Grounded by FAA Drone BanReal estate photographers across Chicago are facing significant disruptions following a temporary flight restriction imposed by the FAA, which is set to last until October 12. This ban has left...
October 7, 2025 - 02:35
Man Arrested Following Police Chase After Alleged Attack on Real Estate AgentA 32-year-old man is in custody after being accused of assaulting a real estate agent and subsequently engaging law enforcement in a high-speed chase. The incident unfolded when the suspect...
October 6, 2025 - 06:03
Celebrating Marcia Harlow's 47-Year Journey in Real EstatePerkins Realty hosted a heartfelt retirement celebration for Marcia Harlow on September 25, marking the end of an impressive 47-year career in real estate. Friends, colleagues, and clients gathered...