Page 3 - CooperatorNews Chicagoland Winter 2022
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CHICAGO.COOPERATORNEWS.COM  COOPERATORNEWS CHICAGOLAND —  WINTER 2022    3  Subject to credit approval.  No Prepayment Penalties   •   Fast Loan Approvals   •   Expertise   •   Flexible Terms and Conditions  If your association is in need of improvements, please contact  Tim Haviland   630.908.6708 or  at  LOW COST CONDOMINIUM  ASSOCIATION LOANS  TABLE OF CONTENTS  Yale Robbins   Publisher  Henry Robbins   Executive Vice President  Joanna DiPaola   Associate Publisher  Hannah Fons   Managing Editor  Darcey Gerstein   Associate Editor  Pat Gale   Associate Editor  Shirly Korchak   Art Director  Anne Anastasi   Production Manager  Alan J. Sidransky   Staff Writer  Peter Chase   Director of Sales    CooperatorNews Chicagoland is published quarterly by Yale Robbins Infomedia, 205 Lexington Ave., New York, NY 10016, (212) 683-5700. President: Yale Robbins, Executive Vice President: Henry Robbins. Subscriptions are available free by request to  co-op and condo board   members and homeowner associations. POSTMASTER: Send address changes to CooperatorNews Chicagoland, 205 Lexington Ave., New York, NY 10016. ©Yale Robbins Infomedia 2022. All rights reserved. Application to mail Periodicals postage rates is pending at New York NY.   FREE Subscriptions for Board Members, Property Managers and Real Estate Decision Makers. To Subscribe, please visit us at:  C -   , C     , HOA    S      M    .....    Fans of the TV show “Seinfeld” may recall an episode in which the character Kramer   posts the names and photos of all the residents in his building in the lobby so everybody   can get to know each other better—maybe even (gasp) say “hello” to each other in the   lobby or elevator.   C            I         ...... .    If you live in a condo or a co-op, you most likely have heard the term fiduciary duty,   usually in reference to the responsibilities and obligations of board members and man-  agement. But what is a fiduciary duty? In essence, it’s a legal relationship between two   parties that gives one party the right to act and make important decisions on behalf of   the other.  D       D         ....    Paper, or electronic? It’s now a choice for everything, from the books we read for plea-  sure to the books we keep on our associations and corporations. Even restaurant menus   are digital today in the wake of the need for ‘touch-free’ environments amid the COVID-  19 pandemic.  D       W    D          R         ....    If you live in, work in, or provide services for a co-op, condo, or HOA, you know that   however harmonious a building or association is in general, there is always that one   person—or perhaps more than one—who throws a wrench in the works. It could be the   guy who seems to take pleasure in disrespecting the doorman, or the lady who insists on   feeding the feral cats (and by extension the neighborhood rats), or the family who lets   their kids play basketball inside their apartment.  M          C            8.316  2.534  5.376  8.586

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