150 West End Avenue Owners Corp.

Key facts from 150 West End Avenue Owners Corp.'s documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Art. IV: Name of Condominium)

Legal name

150 West End Avenue Owner's Corp.

Units / lots

8 (one Residential Unit, six Professional Units, one Garage Unit) (Art. V: Definitions - "The Units shall b)

Developer / declarant

150 West End Avenue Associates

Governing law

Article 9-B of the Real Property Law of the State of New York (Condominium Act) (p. 1, first paragraph)

Assessments & dues

Not fixed; determined by Condominium Board as Common Expenses. Common Charges allocated according to Common Interest percentage (or as per Condominium Budget). (Art. XVIII: "Common Charges including th)

Special assessments

Condominium Board may specially allocate Common Charges or costs of capital replacements/improvements based on special use, availability, or control (Art. XVIII). No explicit limit. (Art. XVIII: "the Condominium Board shall)

Collections & liens

Unpaid Common Charges constitute a lien on the Unit (prior to all liens except tax liens and first mortgages). Foreclosure possible as per New York law; costs and attorney's fees recoverable. (Art. XVIII: "Such lien may be foreclosed)

Reserves & fees

Not explicitly mentioned but implied by capital replacement costs.

Leasing & rentals

Not explicitly prohibited; Declaration and By-Laws contemplate tenants, subtenants, occupants. No rental cap mentioned. (Art. XV: "All present and future owners,)

Architectural approval

Not explicitly; but Sponsor/designee has right to make alterations to Units other than Residential without Board consent (Art. VII(d)). For other alterations, presumably subject to rules and regulations. (Art. VII(d): "Sponsor or its designee sh)

Signs & flags

Garage Unit Owner may erect signs on exterior of Garage Unit (max 10x2 ft) and place stanchions (max 2x5 ft), may be lighted subject to Board approval. Professional Unit Owners may maintain brass name plates on front door and directory near (Art. VIII: Garage Unit sign rights; Prof)

Setbacks / home size

30 stories plus cellar (residential floors 2 through 30). (Art. VII(a): "floors 2 through 30")

Insurance

Condominium Board shall obtain insurance for the Property including Units (By-Laws Art. II, Sec. 2(g)). Specific coverage not detailed. (By-Laws Art. II, Sec. 2(g): "Obtaining o)

Use restrictions

General prohibition implied through rules and regulations; specific: no loitering in Common Elements by professional patients/clients. (Art. VIII: "patients and clients... shal)

Voting & meetings

Total 7 votes: Residential Unit Owner casts 6 votes; Professional Unit Owners collectively cast 1 vote. (By-Laws Art. III, Sec. 8: "the Residenti)

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