4 Howard Drive Condominium

Key facts from 4 Howard Drive Condominium's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

4 Howard Drive Condominium

Developer / declarant

SHAAR EPHRAIM (Declaration, first paragraph)

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration opening paragraph)

Special assessments

Allowed; during sponsor control requires sponsor consent; after control, actions requiring assessment for reserves or over $5,000 borrowing require Unit Owner approval of 75% (Section 2.5(A)(ii) and (B), By-Laws)

Reserves & fees

Board may establish reserve fund for capital expenditures not exceeding 10% of budgeted operating expenses for next 12 months (Section 2.4(xii), By-Laws)

Use restrictions

Each Unit used only as a private residence for a single family (Section 9, Declaration)

Voting & meetings

Each Unit Owner casts one vote for each percentage of common interest owned; cumulative voting allowed in Board elections (Section 4.9(A), By-Laws)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.