CNYC’s PROPRIETARY LEASE for the NEW MILLENNIUM
Wednesday, August 13, 2008
7:00 PM
Location to be Announced
Attorney Marc J. Luxemburg, who is President of CNYC, has led the development of a model Proprietary Lease and Shareholders Agreement, which CNYC considers well adapted to the 21st Century needs of New York housing cooperatives. Version 2.03A included suggestions received from many experts since the development of this document began. Mr. Luxemburg will discuss the major innovations found in the new lease and will offer sound advice for ensuring its adoption. Advance reservations are required for this workshop. There is no fee for representatives of CNYC member cooperatives and condominiums; others are welcome at a fee of $60 if paid in advance or $75 at the door.. Call the CNYC office at (212) 496-7400 or send e-mail to workshops@cnyc.coop to reserve your place.
EIGHT ESSENTIAL STEPS FOR THE PRUDENT PURCHASER
Wednesday, September 10, 2008
7 PM
Location to be Announced
For most of people, the purchase of a cooperative or condominium unit is a big step and a big investment. This requires careful planning, an organized search, and a careful investigation of the unit and its surroundings before an offer to purchase is made. Easily said, but not always easily done. Sometimes, the thought of losing a 'dream apartment' can cause people to spend far more than is prudent or to set aside other requisites they had set as to location, size of building, available amenities. Seduced by a spectacular view, an individual may temporarily overcome his fear of elevators only to find himself taking the stairs to a 26th floor apartment. Or, failing to understand that a self-managed building requires participation by all residents, an individual unwilling to 'chip in' may soon become a pariah. Attorney Arthur I. Weinstein, who is vice president of CNYC and home inspector James Heller will present cogent advice to the prudent purchaser regarding the organizing of priorities, the reliance on qualified professionals to evaluate the physical structure of the apartment and the building in which it is located, the financial history of the building, the corporate records as reflected in minutes of board meetings. Representatives of CNYC member cooperatives and condominiums attend this session at no cost, but advanced registration is required. Non-members are very welcome at a fee of $50, payable in advance. Reserve your place by calling CNYC at (212) 496-7400 or register by e-mail to workshops@cnyc.coop. To pay at the door, preregister and add $15.
SELF-MANAGEMENT 101: A 3-Session Program for Small Buildings
Mondays, September 8, October 13, and November 10, 2008
7 to 9 PM
Location to be Announced
This series gives boards of small buildings tools to meet their challenging responsibilities. It covers virtually every aspect of running a small building, with a constant focus on how to use professionals and vendors to best advantage. Registrants are strongly encouraged to attend all three sessions. The first presents an overview of administrative needs, the second focuses on the physical plant and the third addresses financial responsibilities. Representatives of CNYC member buildings attend Self-Management 101 for $100 ; non-affiliates are welcome at a fee of $90 per session payable in advance. Advance registration is required. To reserve your place, call CNYC at (212) 496-7400 or send e-mail to workshops@cnyc.coop. To pay at the door, pre-register and add $15.
NAHC Annual Conference
Wednesday to Saturday – September 17 to 20m 2008
Westin Galleria, Houston, Texas
Many CNYC members support the National Association of Housing Cooperatives, which works in the interest of housing cooperatives nationwide. Its legislative victories on our behalf include legislation that permits reverse mortgages for cooperative apartments, legislation allowing veterans to use their low interest benefits to purchase a home in a cooperative, and the recent important changes in Section 216 of the Internal Revenue Code (see pages 1, 3, 12 and 13 of this Newsletter).. Mark Shernicoff, treasurer of CNYC is the current president of NAHC. Everyone is welcome at NAHC’s annual meeting, which feature workshops and seminars on a wide variety of topics, visits to local sites of interest, and opportunities to meet cooperators from all across the nation. For information on Conference fees, hotel accommodations, airline rates, workshop topics, vendor list and recreational programs, visit the NAHC website at www.coophousing.org or call NAHC at 202-737-0797.
BASIC RESPONSIBILITIES OF CONDO BOARDS
Tuesday, September 23, 2008
6 to 9 PM
Location to be Announced
Attorney Stuart M. Saft, will lead participants through a detailed review of the responsibilities of boards of managers of New York condominiums, the powers they have and the limitations they must face. Basic condo documents will be examined and practical suggestions will be provided for ensuring a smooth functioning, congenial condo community. This workshop is limited to condo board members and potential board members. A light supper will be served. The cost is $75 for representatives of CNYC member condominiums and those affiliated with the Harlem CDC and $125 for non-affiliates. Advanced reservations are required. To register and request information on scholarships, call CNYC at (212) 496-7400 or send e-mail to workshops@cnyc.coop. Your payment to CNYC at 250 West 57 Street, Suite 730, New York, NY 10107 confirms your registration. To pay at the door, preregister and add $15.
N.Y.A.R.M. REAL ESTATE EXPO
Friday, September 26, 2008 9 AM - 5 PM Hotel Pennsylvania
CNYC and the Federation of New York Housing Cooperatives will share a booth at the annual trade show of the New York Association of Realty Managers. The expo features exhibits of products and services for your building. There is no cost to attend this show. For registration information, contact NYARM at 212 216-0654 or visit the NYARM website at www.nyarm.com.
Save this date!!!
CNYC’s 28th ANNUAL HOUSING CONFERENCE & EXPO
All day Sunday, November 16, 2008
Baruch College
WORKSHOPS AND SEMINARS
PRODUCTS & SERVICES
DISTINGUISHED SPEAKERS
EVERY CNYC MEMBER CO-OP OR CONDO
CAN SEND ONE PERSON AT NO COST!!
Everyone is welcome;
team participation is encouraged
and lowers cost per person!
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