Category: Board Operations

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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Board Operations
2016 April Meeting Reminders

On a consistent basis, a group of elected shareholders or unit owners, for co-ops and condos respectively, meet to conduct the building’s business.  This group is known as a Board of Directors (co-ops) or a Board of Managers (con…

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Board Operations
2016 March Managing Owners' Renovations

All you have to do is turn on the TV these days to know how popular kitchen and bathroom renovations have become. Backsplashes, stainless steel appliances, subway tiles, granite countertops, glass-enclosed showers, soaking tubs—the li…

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Board Operations
2016 February Training New Board Members

A cooperative, condominium or homeowners association is the cornerstone of a building community.  The co-op, condo or HOA maintains order and continuity by preserving architectural integrity, maintaining the common elements, protecting…

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Board Operations
2016 February Managing Building Staff

Your co-op or your condo unit  may be your home, but to many others, your building is a workplace. Whether they’re managing a small, tight-knit walk-up building in Manhattan, or a sprawling co-op development in Queens or Staten …

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Board Operations
2016 February Board Transparency

One of the biggest political buzzwords of the past 10 years or so is “transparency.” Observers demand transparency in meetings of elected bodies in local and state governments, transparency in the proceedings of public agencies,…

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Board Operations
2016 February Co-ops Around the Globe

It’s cheaper for two families to pool resources and share a house than for the same two families to buy two houses. This underlying concept has been around since people starting building houses.  As a report by the National Coop…

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