10/14/2026
What happened when a sprinkler pipe burst in a co-op apartment during freezing weather?
The board told the shareholder that the co-op’s repair obligation was limited original components and offered $4,000.
The carrier ultimately raised it to $19,000, but a court rejected the board’s position, found the co-op had breached the proprietary lease, and awarded the shareholder full repair costs plus legal fees. After ten years, the bill has already exceeded $1 million.
The repair itself would have cost under $100,000. The board’s decision to accept its insurer’s offer that contradicted its contractual obligation is what made it expensive.
Know what your policy covers before you accept a number. See blog link in comments or contact the Lasser Law Group: (212) 292-3075, https://lasserlg.com/contact/.