Category: Board Operations

Board Operations
2016 August Board Resource Guide

Most board members can use all the help they can get when it comes to understanding the rules, laws, and other factors that guide how they will help govern their community. Senior board members are a terrific source of information, as is a …

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Board Operations
Going for Broke(r)

When looking to buy or sell a unit in a condominium or cooperative, the layman may be forgiven for feeling overwhelmed. In the cutthroat world of New York City real estate, stakes are high, and to expect anyone who is undergoing a move to b…

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Board Operations
Attracting New Board Members

Even the best boards can use a shot of 'new blood' now and again - for new ideas, fresh perspectives, and to give everyone in the community a chance to help govern it. But attracting new board members can be challenging. Listen to what a fe…

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Board Operations
Finding the Right Match

As in any healthy marriage, an association board and its manager must be compatible or else the relationship will oftentimes end in a messy divorce, experts at a Community Associations Institute (CAI) Big Apple panel told an audience of …

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Board Operations
Banning Hoverboards

On the heels of a nationwide recall of a half-million hoverboards by the U.S. Consumer Product Safety Commission (CPSC) due to a fire risk, co-ops, condos and HOAs are warily looking at ways in which to ban the usage of these two-whe…

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Board Operations
The Changing of the Guard

One important attribute of any condominium or cooperative board is that it manifests the best interests of its owner or shareholder base. This requires a certain attentiveness, as the wants and needs of residents are likely to change over t…

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Board Operations
Transition From Sponsor Control

New York boards have a more difficult time understanding and managing the transition process than other places in the country because specific rules and regulations exist elsewhere to guide them through the process, according to experts at …

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Board Operations
2016 June Choosing an Attorney

Not every condominium or homeowners’ association is going to run afoul of the law—the happy truth is that litigation and legal trouble are relatively rare occurrences. However, even the most upstanding board in New York City must navigate a…

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Board Operations
Are Large Assessments Avoidable?

Take a trip with me across the beautiful Hudson River, to West Orange, New Jersey, where homeowners in a condominium community are currently being billed an average of $30,000 per household to replace faulty siding. As reported by CBS New…

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