Board Powers Are Immense, but Not Limitless

The Toren Condominium, designed by the estimable firm of Skidmore, Owings & Merrill and featuring a striking “rhombus-shaped tower,” generated a lot of oohs and ahhs when it opened in downtown Brooklyn in 2010. The 38-story, 240-unit luxury tower also generated so many complaints about construction defects that the board sued the developer-sponsor, BFC Partners. In October 2015, BFC reached a confidential settlement with the condo board to fix the defects.    Read the article………….

Related Articles

Marijuana: Coming to an Association near you….

On June 16, 2014, Governor Rick Scott signed two bills into law, collectively referred to as Charlotte’s Web, which legalize

Business Judgment Rule: No Free Pass to Board Action

The past 12 months has been the year unit owners and shareholders have found cooperative and condominium board of director’s

State HOA Foreclosure Laws

Is your homeowner’s association (HOA) or condominium association (COA) foreclosing on your home? Or are you struggling to make HOA