1995 Feb
1995 Feb Vol. 15, No. 1
Focus on...Manager-Board Relations
Renovators Beware
Renovation. It is a process that is approached with both excitement and trepidation. The excitement has everything to do with the results that are anticipated, while the trepidation, for many, is based on the stories told by others. I begin by telling my clients that it will cost more than they think and take longer than they think. So, we start off by planning the budget and schedule accordingly. Beyond that, I put my experience to work and hope that luck is with us, because luck is a factor. Read More
Provide Disabled Access
In a September 1994 decision applicable to many cooperatives and condominiums in New York City, the Appellate Division, Read More
Get That Mortgage!
Despite today's relatively low interest rates, it's not always easy to get financing. Lenders are Read More
Diversification
Co-op, condo and HOA (Home Owners Associa-tion) managing agents share common goals Read More
A Cooperative Effort
While everyone at 24 Fifth Avenue will miss the doorman, Caspar Orenga, nicknamed Mr. Wonderful, those who will be affected most by his retirement will be the older residents he cared for and attended to with patience and a smile for over 20 years. Like most building doormen, Orenga provided a sense of security and warmth for older residents. He took the time to say more than Good morning or Good evening; he was a friend. Read More
Running Effective Board Meetings
Board meetings provide the time and space for co-op and condo leaders to establish and direct building operations. These vitalmeetings can be productive decision-making sessions conducted in an atmosphere of mutual respect, or ego-driven marathons characterized by acrimony and self-interest. In an effort to fit your meetings into the former category, and to keep them running smoothly and efficiently, it is important that the board follow certain guidelines. Read More
Judging Board Performance
Like most business corporations, co-ops rely on a board of directors to oversee operations and make decisions for the benefit of all shareholders. What makes a co-op's board unique is that itsmembers are responsible not only for the corporation's finances, but for the quality of life within the building as well. Thus, it is vital that co-op shareholders have a unique system by which to judge their board's performance. Read More
