170 West End Avenue Owners Corp.

Key facts from 170 West End Avenue Owners Corp.'s documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I, (IV) Name of Condominium)

Units / lots

5 (1 Residential Unit and 4 Professional Units) (Article V Definitions; Article VII)

Governing law

Article 9-B of the Real Property Law of the State of New York (the 'Condominium Act') (Article I)

Assessments & dues

Not fixed; determined by Condominium Board annually based on budget for Common Expenses. (By-Laws Article V Section 1)

Special assessments

Condominium Board may specially allocate Common Charges based on special or exclusive use, availability or control of Common Elements or services. (Article XVIII; By-Laws Article V Section)

Collections & liens

Unpaid Common Charges constitute a lien on the Unit, subject only to tax/assessment liens and first mortgage liens. Condominium Board may foreclose like a mortgage. Proceeds deficiency charged to all Unit Owners. Mortgagee foreclosing not l (Article XVIII)

Reserves & fees

Not specifically mentioned. (Not found)

Leasing & rentals

Not explicitly addressed for ordinary Unit Owners. Sponsor has rights to maintain sales offices and lease Professional Units for sales purposes. (Article XIII(c))

Parking & vehicles

Outdoor parking spaces (114) are part of the Residential Unit. Professional Unit Owners have easement over parking space entrances, drives, and sidewalks. No specific rules on vehicle types. (Article VII(a); Article IX (Professional)

Architectural approval

Not explicitly; Sponsor or its designee has right to make alterations to Units other than Residential Unit without consent of Condominium Board or other Unit Owners. (Article VII(c))

Home business

Professional Units may be used for practice of medicine, dentistry, health care treatment by licensed professionals. Prohibited: controlled substance/alcohol rehab, retail sale, group therapy except family, more than one professional per 30 (Article VIII)

Signs & flags

Professional Unit Owners may maintain brass name plates on front door and on directory near entrance at their expense. Sponsor may erect signs for marketing. (Article VIII; Article XIII(c))

Maintenance

Roofs, drains, leaders exclusively benefitting Residential and Professional Units are Limited Common Elements. Normal maintenance by exclusive users; structural repairs shared proportionally. (Article X(i))

Insurance

Condominium Board shall obtain insurance for the Property, including the Units. (By-Laws Article V Section 2)

Use restrictions

Residential Unit may be used for residential or other lawful purposes. (Article VIII)

Voting & meetings

Residential Unit Owner (cooperative corporation) has 6 votes; Professional Unit Owners collectively have 1 vote. Total 7 votes. (By-Laws Article III Section 8)

Amendments

Amendment of Declaration requires unanimous vote of all Unit Owners, except consent of only majority of Professional Unit Owners required; cannot impair mortgagee rights. Sponsor may amend without vote to reflect changes in Units resulting (Article XVI(a), (f))

Amenities

Lobby, mailroom, super's office, compactor room, hallways, maintenance shops, outdoor parking area (114 spaces), valet service, package room, play areas (via Community Association). (Schedule C; Article IX(20), (22); Articl)

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