Episode 119: Annual Meetings for Co-ops & Condos: What Boards Need to Know

Episode 119 of “Building Knowledge with the Building and Realty Institute (BRI)” takes a closer look at how Co-op and Condo Boards can effectively prepare for and conduct successful Annual Meetings. Our guest is David Amster, Chairman of the Advisory Council of Managing Agents (ACMA) of the BRI and Principal of Prime Locations, a leading property management company based in Yonkers, New York.During the episode, David discusses the purpose and importance of Annual Meetings, the key steps boards should take when planning them, notification requirements for shareholders and unit owners, and best practices for keeping meetings organized and productive. He also shares insights on when building consultants should attend, why following the meeting agenda matters, the importance of reviewing committee reports and budgets, and the growing challenges facing Co-ops and Condos today.