148 West Street Condominium HOA Inc

Key facts from 148 West Street Condominium HOA Inc's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 9-B of the Real Property Law of )

Legal name

148 West Street Condominium HOA Inc

Developer / declarant

148 West Villa LLC, 124-06 Metropolitan Avenue, Kew Gardens, NY 11415 (Page 5: 'Declarant: 148 West Villa LLC' )

Governing law

Article 9-B of the Real Property Law of the State of New York (the 'Condominium Act') (Article 2(a): 'the provisions of Article)

Assessments & dues

Common Charges determined by the Condominium Board based on annual budget, allocated pro rata according to Common Interests (percentage of common elements) (By-Laws Section 6.1; Definitions: Common)

Special assessments

Permitted; defined as 'Special Assessments' allocated pro rata per Common Interests (Exhibit C definition (33) and By-Laws Se)

Collections & liens

Condominium Board has a lien on a unit for unpaid Common Charges, interest, and costs; may foreclose (By-Laws Section 6.4: 'the Condominium Bo)

Reserves & fees

Board may establish a general operating reserve or reserve fund for replacements and deficits (Exhibit C definition (7): 'the establish)

Leasing & rentals

Yes, subject to Right of First Refusal (By-Laws Article 7: 'SELLING AND LEASING )

Architectural approval

For alterations to units, no prior approval required from a committee, but alteration must not jeopardize structural integrity; for alterations to Common Elements, Board approval required (Declaration Article 12(a) and By-Laws Se)

Use restrictions

Residential use only, not more than one family per unit (Declaration Article 9(a): 'each Unit may)

Voting & meetings

Each unit owner one vote per unit owned; cumulative voting allowed (By-Laws Section 2.7: 'each unit owner wi)

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