It happens infrequently, but when it does, it can be an enormous challenge: a co-op corporation or condo development has a long-running squabble with the building sponsor/developer, falls victim to long-term mishandling of funds – or outrig…
Category: Management
In major US cities these days, the decision to live in one co-op or condo building versus another often hinges upon the style of living afforded in a particular property. Whether it is defined partly by a full-scale gym and spa, a children’…
In the perennial struggle to control costs while still adequately maintaining a building or HOA’s physical plant, grounds, and other day-to-day business, some boards and managers are opting to hire superintendents, custodians, and other sta…
Whether dealing with technology, administration or communication, on any given day property managers and managing agents are required to be jacks of all trades. And while some managers might actually have a practical background in plumbing …
Multifamily residential buildings provide both privacy and community. Privacy, because a recluse in New York City can have almost anything delivered to his door and thus never have to leave the sanctuary of his apartment; and community, bec…
In New York, they are called superintendents. In Florida, they are called maintenance supervisors. Other places call them supers or building engineers. No matter which title they answer to, these are the employees who are responsible for th…
Management by definition is a process; a series of ongoing systems and controls put in place with a specific outcome in mind. The management needs and requirements of HOAs, co-ops and condominiums have helped define the overall property man…
There are plenty of people who think their jobs are difficult: politicians or professional football players, for example. Then there are those who know for certain their jobs are difficult. They’re called professional property managers. W…
The vast majority of co-op and condo residents are regular folks who wouldn’t dream of disrupting life in their building by being verbally abusive to the neighbors, blowing up board members’ phones and email inboxes with endless complaints …
Unless you happen to make your home in the Sunbelt, winter is tough, period. The sun goes down at 4 p.m., sidewalk salt ruins your boots, and we all tend to stay home and eat too many carbs. And while we’re all struggling on the street, h…