My coop's superintendent owns multiple apartments in our building. Can he grant his son power of attorney and allow his son to run for a board seat? Would this be a conflict of interest and prohibited since the board would be the ultimate "boss" of his father? One of the seats is reserved for an investor and I believe his son can easily win this seat as there are only a handful of investors left in the coop who are very much not interested in joining. His son is a tenant in one of the three units owned by his father in the building.
Dear Yonkers Co-0p Lessee:
Hire an attorney to read and report on the Offering Plan, By Laws, Certificate of Incorporation and Proprietary Lease for direct prohibition. A "super" owning one apartment is unusual--owning multiple apartments is extraordinary.
I have forty years experience in the specialty of Housing Law and Tenant's Rights advocacy. The answer I provided to you does not create an attorney and client relation. You are free to check my office contact information at my AVVO profile. The answer offered is in the nature of general information, and should not be considered as tailored legal advice. I offer answers as a service to the community with my firm belief that you should try gain a good outcome for your legal issue and to avoid a bad outcome if you can.
Our Rating is calculated using information the lawyer has included on their profile in addition to the information we collect from state bar associations and other organizations that license legal professionals. Attorneys who claim their profiles and provide Avvo with more information tend to have a higher rating than those who do not.What determines Avvo Rating?Experience & background
Years licensed, work experience, educationLegal community recognition
Peer endorsements, associations, awardsLegal thought leadership
Publications, speaking engagementsDiscipline