August 2014, Vol 34, No 8
Visit our archives to see other articles that were published in 2014.
- 06.13.2014 Kentile Floors Sign Will Be Removed & Relocated. The iconic sign will be removed from its Ninth Street and Second Avenue perch, the building’s owner confirmed, but its characteristic red letters will be preserved, according to a statement released Thursday night.[DNAInfo]
- 06.12.2014 Workers at Luxurious West Village Condo Strike in Protest of Intimidation Tactics. It was not until yesterday afternoon that workers at the Printing House, a luxury building at 421 Hudson Street, officially went on strike, walking out over alleged intimidation tactics by the building’s management. But there have been troubling signs at the West Village condo, where apartments fetch between $1.3 million and $7 million, for some time now.[New York Observer]
04.15.14 Voting Open for National Mgr. of the Year Contest
Vote between April 14-27, 2014. The Top 3 On-site Managers are Nickie Greco of Palomino Park Owners Association (Highlands Ranch, CO), Marcy Kravit of 2600 Condominium (Weston, FL), and Mystre' Van Horn of Fairfield Harbour POA (New Bern, NC). The Top 3 Portfolio Managers are Danielle Carbajal of Prellis Property Management (Granada Hills, CA), Catherine Holladay of Management Specialists Services, LLC (Gainesville, FL) and Jose Pazos of Pazos, Robaina & Zapata Management Group (Miami, FL). Winners announced in Orlando, FL on May 14, 2014. Winners get trophy and $5,000 cash prize. [Association Reserves]
- 02.24.2014 Historic West Harlem RKO Hamilton Theater Could Become Luxury Condos. HARLEM — The historic RKO Hamilton Theater may become luxury condos in exchange for the preservation and restoration of the interior theater as a community performance space.[DNAInfo.com]
- More News...
According to a 2013 poll by the Insurance Information Institute, only 13 percent of American homeowners have some sort of flood insurance policy, and those living in New York City are low on that list. Read More
You can’t underestimate the value of insurance. In a simple analogy, operating a business—or the day-to-day business of a co-op or condo—without adequate insurance coverage is a lot like skydiving without a parachute. Needless to say, it’s a risky proposition. Read More
Sometimes insurance and the terms that accompany it can feel like a completely foreign language. It can be mystifying and overwhelming, whether for individual co-op or condo residents or the board members who oversee the community as a whole. The insurance industry uses a tremendous amount of shorthand, and the degree of coverage has seemingly grown exponentially in the last couple decades. With lawsuits and other forms of legal recourse now just a common reality of life in co-ops, condos and HOAs, board members and property managers need to be diligent about what kind of insurance coverage they have and require. Read More
Individuals, associations and other entities carry insurance coverage to protect them from liability, loss, and other financial and legal threats—that's pretty basic. What isn't always so basic is deciding when to file a claim versus paying out of pocket for a loss or damage. Read More
Say you’re in bed and you hear what sounds like the shower going, but it's late, and you're tired, so you pay it no mind. You wake up at 4 a.m. to get a glass of water, and find half the rooms in your apartment flooded— you forgot to turn the shower off! You throw blankets and towels on the floor to soak up the water, then you call your building’s maintenance staff. Read More