A condominium, cooperative or homeowners’ association thrives or falters based on how all of the various stakeholders involved can come together in effort to achieve a common goal: the maintenance of a successful and stable residential comm…
Category: Management
Owning a unit in a multifamily co-op or condo carries a great many benefits in the form of shared responsibilities, but it also requires compromises along the lines of control: what your board, management, and building staff can or cannot d…
Everyone can use a little help now and again. The residents of condominiums, co-ops or homeowners’ associations are no exception. There are tons of tasks that just cannot be left up to the board or residents who are busy people themselves, …
It is not easy being a board member. There are meetings to attend, documents to review, decisions to make, and neighbors to mollify. There are also a number of rules and regulations that must be followed in order to ensure that the individu…
Property managers wear a lot of hats, regardless of whether they handle a small, close-knit building, or a sprawling development with hundreds of units. In this clip, management pros tell us about some of the bigger challenges that come par…
Nobody would claim that managing condos, co-ops or other multifamily properties is an easy gig -- quite the opposite is often true. Here, management pros dish the dirt on what makes their job tough. (Spoiler: it may not be what you think!) …
Even the most laid-back, harmonious community will periodically experience conflicts -- maybe between board members, between neighbors, or between residents and the board. Resolving these issues without litigation or lingering acrimony is k…
When we think of a co-op, condo, or HOA, it’s easy to picture a towering high-rise, or a suburban development that sprawls across acres and acres, and is home to hundreds, maybe even thousands of residents. While those communities certainly…
As anyone with a smartphone, tablet, or laptop knows, technology makes life easier in countless ways. The management of co-op and condo properties is no different, with new digital tools emerging all the time to streamline, facilitate and i…
Property management may not be aircraft control or open-heart surgery, but anyone who tells you it's 'easy' is either lying, or not playing with a full deck. Managers of communities both large and small face an array of challenges every day…