Can you sue a co-op board for discrimination?

You’re legally allowed to bring a lawsuit against a board, even after you have sold the apartment. However, a legal fight should be a last resort. Your co-op’s insurance company may well cover these kinds of expenses for the board but legal action is expensive and time-consuming.

How often do co-op boards reject?

Boards are not required to report how many co-op applications they review each year, or how many they reject. However, brokers and co-op lawyers estimate a rejection rate of about 3 to 5 percent.

How do you get approved for a co-op board?

Can you get approved by a co-op board? Here’s what NYC co-op boards look for

1. Financial stability.
2. Numbers that add up.
3. You’re the right fit for the right building.
4. A clean personal history.
5. Proof you’re a good neighbor with professional relationships.
6. A great interview to match your application package.

What is a co-op board?

Every co-op has a board. The board is a group of members that has been elected to make decisions for the co-op on behalf of all the other members. Boards come in all shapes and sizes and have varying degrees of responsibility.

Why would a co-op board reject?

Typically, a rejection by a co-op board is more “subjective,” Luxemburg says. It might be based on a determination that the buyer won’t be a good neighbor or won’t follow the rules of the building, hence the tension around the co-op board interview.

Can you rent a coop in NYC?

However, when subletting a co-op apartment, you are at the mercy of the building’s sublet policy which may put restrictions on the amount of time for which you can sublet the apartment. The rules of each co-op building can vary but, generally speaking, most co-ops limit sublets to a maximum of 2 years.

Are there any lawsuits against co-op board members?

Co-op and condo board members have always been open to legal action, but a slew of recently well-publicized lawsuits — most notably a high-profile suit at the famed Dakota on the Upper West Side — that singled out individual board members as defendants have made the risks more visible, sources told The Real Deal.

Can a co-op board reject based on protected category?

“Co-op boards need to be educated and understand that they have to follow these laws,” he said. “While they have the right to reject, they absolutely cannot reject based on a protected category.” Oved recommends having an agreed-upon reason for rejection amongst the board.

What was the problem with the Fletcher Co-op lawsuit?

But Fletcher suffered a setback in December, when two law firms representing him withdrew as his counsel, with one saying he had failed to pay his bills and the other citing “irreconcilable differences,” according to news reports.

Who is the Attorney for thandrayen co-op board?

Fitapelli, Thandrayen’s attorney, also declined to comment on the case. But Pariser, who is not involved in the suit and spoke in broader terms, said it’s generally acceptable to reject a prospective buyer if the existence of their funds can’t be easily verified.

Co-op and condo board members have always been open to legal action, but a slew of recently well-publicized lawsuits — most notably a high-profile suit at the famed Dakota on the Upper West Side — that singled out individual board members as defendants have made the risks more visible, sources told The Real Deal.

Are there penalties for violating co-op law?

But no agency is named to enforce the law and there are no penalties for violating it. Lawyers who specialize in co-ops say that the kinds of allegations in the Gardens at Forest Hills lawsuit are extremely troubling.

“Co-op boards need to be educated and understand that they have to follow these laws,” he said. “While they have the right to reject, they absolutely cannot reject based on a protected category.” Oved recommends having an agreed-upon reason for rejection amongst the board.

When can condo and co-op boards fine the owners and residents?

– Adam Leitman Bailey, P.C. When Can Condo and Co-op Boards Fine the Owners and Residents? Adam Leitman Bailey and John M. Desiderio review the authority given to boards of condominiums and cooperative corporations to impost and enforce respectively on condo unit owners and cooperative shareholder-tenants who violate building house rules.