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Since the Mitchell-Lama program is a NY State creation, is seems strange that the co-op board is not subject to open meeting or sunshine laws.

Is it possible that its bylaws are outdated, and should comply with any relevant transparency laws? There is a lot of money at stake, not to mention peoples' homes.

Running a co-op board properly is not for the fainthearted. A NY Times article from 2014, regarding a necessary $30 million renovation of the entire brick façade of Two Fifth Avenue, shows how fraught the process can be. But equally important as good management and a transparent board, is a tenant ownership that takes an active interest in its property. (See http://www.nytimes.com/2014/06/15/realestate/village-co-op-gets-hit-with-30-million-assessment.html?_r=0).

Read the Times article. You will see that a change of board members is not unusual when troubling circumstances arise. Who is ready to step up?

From: Hidden deal brings co-op battle to a boil

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50 Years on the Job

Building relationships simply by repairing one kitchen at a time

Felix Lam has been the superintendent at 2465 Palisade Ave., in Spuyten Duyvil for 50 years. The 81-year-old has made his home — and career — at the eight-story co-op since he was a young man. And how does that make him feel? “I’m very happy about it,” Lam said.

Riverdale Press