July 2014, Vol 34, No 7
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...
Preparing the annual budget is by no means an easy task. Those charged with preparing cooperative, condominium or HOA budgets will soon begin reviewing costs, gathering data and projecting expenses for the coming year. Communities, businesses, individuals, families, groups and organizations of all kinds must have a budget in place in order to navigate both everyday expenses and unexpected costs, while maintaining a certain life or business style. A well-defined, well-written budget is a powerful financial tool allowing funds to be saved and/or allocated for specific costs and projects; budgeting is a way to estimate expenses and allow for those funds to be available when needed.Read More
As the 2012 federal legislative fiasco over the debt ceiling—as well as any number of other spending bills proposed since then—demonstrated, balancing a budget can be like pulling teeth. Balancing a condo or HOA community's budget can sometimes seem just as arduous—the task can be incredibly difficult because there are so many moving parts. Making sure that a building or association isn’t wasting money is even harder but budgeting a necessary part of running and managing a building. Read More