Attractiveness and so-called ‘curb appeal’ are both vital to a building or HOA’s sense of community pride and overall value. After all, it’s hard to attract prospective homebuyers if your association’s grounds are scattered with litter, the…
Category: Management
While many of the co-ops, condos, and HOAs that struggled to stay solvent during the Great Recession of the mid-aughts have largely recovered, the truth is that regardless of the overall economic climate, there will always be buildings and …
Education, awareness, and cooperation between management, boards, and residents can make a huge difference in deterring crime in and around a building. Some basic behavioral adjustments – such as making sure nobody follows you into the buil…
At the moment, it appears that tenants at residential buildings throughout the city can temporarily breathe a sigh of relief. On Friday, it was announced that a tentative agreement was reached between the Realty Advisory Board of Labor…
Co-op and condo communities switch management companies for an array of reasons - but regardless of why a change is made, it's vitally important for the incoming firm or managing agent to have all the necessary documents, paperwork, and rec…
The daily operations of your condo or co-op could be disrupted or not, depending on what happens after April 20. As reported by Crain's Business New York , negotiations between the city's apartment building owners and labor union …
Working for any sort of multifamily community–whether it’s a condo, co-op, HOA or rental–requires a certain amount of skill and training. After all, staffers carry out many duties, and often have access to residents’ property and personal i…
Changing management companies can be a complex process -- but it doesn't have to be an ordeal. By making sure that your community's important documents and information are transferred from the outgoing firm to the incoming one in a timely, …
On an otherwise uneventful January 8th evening, with a run of major holidays in the rear view, the denizens at 2186 Cruger Ave., in the Bronx still had something to celebrate. Some 20-plus shareholders in the 72-unit building congregated in…
Among the many positive aspects of apartment ownership (rather than renting) are long-term stability and long-term occupancy. Long a city of mostly renters, New York City has transitioned into more and more a city of owners over the past 4…