CO-OP BASICS: An Intensive Seminar for New Directors
Wednesday, May 14 AND Thursday, May 15, 2008
6:00 - 9:30 PM
Location to be Announced
Co-op Basics is an in-depth 2-session seminar for new directors. Attorney Marc Luxemburg and accountant Mark Shernicoff discuss all aspects of operating a cooperative and the diverse responsibilities of board members. Participants are encouraged to bring the their Proprietary Lease and bylaws and a monthly management statement to help them apply the course directly to their own situations. The class is limited to board members of cooperatives. Advanced registration is required. A light supper is served in the break. The cost is $125 per person if your cooperative is a member of CNYC; $200 for non-members. To pre-reserve, call CNYC at (212) 496-7400 or register by e-mail to workshops@cnyc.coop. Payment sent to CNYC at 250 West 57 Street, Suite 730, NYC 10107 confirms your registration. To pay at the door at the first session , preregister and add $15.
Building Code Seminar
Thursday, May 15, 2008
8:30 AM till 12.30 PM
NYCLA, 14 Vesey Street, New York, NY
The City’s new building code takes affect July 1, 2008. Some provisions apply to owners of existing buildings. Are you ready to meet the new code’s requirements? This seminar will give an overview of the key provisions of the new code and explain in detail what owners of existing buildings must do to comply with the code. Speakers include Phyllis Arnold, Esq., the Department of Building’s Deputy Commissioner for Legal Affairs and Chief Code Counsel, as well as other experts on the new code’s requirements. The seminar is co-sponsored with the Rent Stabilization Association and the New York County Lawyer’s Association (NYCLA). Attorneys can earn CLE credits for attending.
Cost: $35 for CHIP members and nonmembers who are NOT getting CLE credits. $75 for CHIP members getting CLE credits; $100 for non-CHIP members getting CLE credits.
How to register: Register online at www.nycla.org. But note that to get the $75 discount price, CHIP members getting CLE credits must register by calling NHYCLA at 212 267-6646, ext. 215.
SMALL BUILDING SUPPORT GROUP
Tuesday, May 20, 2008
7:00 PM
250 West 57 Street, Suite 730
Small cooperatives and condominium (20 units or smaller) face virtually all of the issues confronted in larger buildings, but their size limits the resource of people to cope with these issues, and full management responsibilities fall upon a small group of owners. At this meeting, board members in small buildings can share experiences and to catch up on ways to handle new issues, such as the recent city requirements regarding lead based paint and carbon monoxide detectors. Representatives of CNYC member cooperatives and condominiums attend this session at no cost; others are welcome at a fee of $40. Advance reservations are required. To reserve your place, please call the CNYC office at (212) 496-7400 or send e-mail to workshops@cnyc.coop.
ISSUES FOR NEW CONSTRUCTION COOPS & CONDOS
Tuesday, June 3, 2008
7:00 PM
Location to be Announced
When occupied buildings are converted to cooperative or condominium status, negotiations generally occur causing some of the terms of the original offering plan to be modified. Reserve funds are sometimes increased; asking prices lowered. But purchasers of units in newly constructed buildings have no opportunity to negotiate the sponsor’s offering. These new owners often face unpleasant surprises as they take responsibility for their homes. Oliver Rosengart is an attorney and engineer who has for many years reviewed offering plans at the Real Estate Finance Bureau of the Office of the Attorney General of the State of New York. He and co-op/condo attorneys Steven Sladkus and Jeffrey Reich will discuss typical problems that arise in new construction cooperatives and condominiums and will suggest ways of coping. Representatives of CNYC member cooperatives and condominiums attend this session at no cost; others are welcome at a fee of $50 if paid in advance or $65 at the door. Advance reservations are required. To reserve your place, please call the CNYC office at (212) 496-7400 or send e-mail to workshops@cnyc.coop.
DEALING WITH COOP /CONDO OWNER DEFAULTS
Wednesday, June 11, 2008
7:00 PM
Location to be Announced
The ripple effect of the economic downturn has been impacting a wider and wider swath of the nation's industries and people. Layoffs and unemployment will increase the pressure on New York City cooperatives and condominiums to consider the very real possibility that some sponsors, shareholders and unit owners will become unable to meet their obligations. Below market sales in a building can lower values for all units; but defaulted mortgages and bank takeovers can be just as devastating. Recent purchasers may find that the current market insufficient to cover the mortgage balance owed on their apartment. In this seminar, moderated by CNYC Chair Stuart Saft, representatives of the Attorney General’s Office and attorneys and managing agents experienced in handling defaults, will examine various default situations from the point of view of the Board that must make decisions in the best interest of their condominium or cooperative. What are the legal, financial, management and insurance issues that the Board should bear in mind in difficult times? What happens if a default occurs? How can the Board be proactive and still be compassionate? The experts will address these questions and the ones raised by participants. There is no fee for representatives of CNYC member cooperatives and condominiums or professional subscribers to attend this important seminar, but advance reservations are required. Non-affiliates are welcome at a fee of $60 if paid in advance and $75 if paid at the door. Call the CNYC office at 212 496-7400 to reserve your place or send e-mail to workshops@cnyc.coop.
Buildings N.Y.
A Two -Day Exposition at the Javits Center
Tuesday and Wednesday, June 17 and 18, 2007
10 AM - 5 PM
Javits Center
The annual trade show of the Association of Builders and Owners (ABO) of Greater New York is an opportunity to visit hundred of exhibits of products and services for your building, to attend seminars of interest, and to stop in at CNYC’s booth # 1179 with your co-op and condo questions, or just to say hello. Attend free by registering online on the BuildingsNY website at www.buildingsny.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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