Did you know that 1280 actually has two Condominium Boards?
Our By-Laws are confusing and the way they have been carried out by the sponsor has not shed light into what they actually mean. This is what they mean in plain English: There are two Condominium Associations and therefore two Condominium Boards in our building — not one. We’ll call them Condominium A and Condominium B for ease of exposition.
Condominium A is comprised of:
- A Museum Unit;
- A Garage Unit;
- A Residential Unit; and
- A Condominium Board of seven members: the Museum Unit appoints two members, the Garage Unit one member, and the Residential Unit four members.
The Residential Unit, in turn, is its own condominium. In other words, the ownership of the Residential Unit — which covers all residential portions of the building — has in turn been fractured into over 112 units. We’ll call this second association Condominium B. It is comprised of:
- 112 Apartments; and
- A Residential Board of five members. Until now, four or five of those members, depending on the year, have been appointed by the sponsor.
Effectively, by the interplay of the two Boards, the sponsor has kept us in the dark as to what transpired at the building-wide Condominium A level. Remember, during the sponsor years, we could only and sometimes vote for one single seat in Condominium B — i.e., in the so-called Residential Board —, while the other four seats were unilaterally appointed by the sponsor to its employees. And out of the five seats in Condominium B, only four (in effect, those appointed by the sponsor) got to participate in the building-wide Condominium A. Unsurprisingly, our elected representative was not chosen by the sponsor to participate in Condominium A. As a result, after five years of operations, we do not have a grasp on what actions and decisions were taken at the building-wide Condominium A level since the beginning. We do not know what our new Board may be walking into after the June 12, 2017 election, when the sponsor withdraws and all five Residential Board seats are up for election.