1999 Feb
1999 Feb Vol. 19, No. 2
Focus on...Management/Board Relations
Raising Revenue in Co-ops and Condos
Could your building use a facelift? Have you contemplated better-fitting windows, new carpet or an updated elevator, but the board's answer was always "There's not enough cash." From renovation and moving fees to renting out roof or basement space, resourceful co-ops and condos are finding ways to increase revenue. Adding revenue-producing amenities—like an on-site gym or roomy storage bins—can also improve residents' quality of life and increase the marketability of the building. Read More
Evaluating Management Performance
Professional residential management is a service industry, and some service providers perform better than others. To evaluate how your property's management measures up, it's necessary to assess both how the company functions as a whole and also how your individual managing agent is performing. To do that, it's important first to understand what professional management is supposed to do, and then to have a clear picture of what really good management looks like. Read More
Cover Story: Riverside South
Looking for a luxury condo with breathtaking views of the Hudson River? Want to buy a home loaded with amenities that's within walking distance of Lincoln Center and other Upper West Side hot spots? You're in luck. In October, the 15th floor sales office of 200 Riverside Boulevard, the first condo in Donald Trump's ambitious new Riverside South development, opened its doors. Finishing touches are now being put on the 46-story, 377-unit building located between 69th and 70th Streets, and a March occupancy is estimated by The Marketing Directors, Inc., the exclusive marketing and sales agent for the luxury property. Read More
