2015 February
Focus on... Board Relationships

Board Operations
2015 February Home Sweet Home

The concept of high-rise living—people on top of each other—or across a privacy fence in condo living, doesn’t automatically equate to a sense of community; in fact, the close proximity sometimes has opposite effect. The reality is, reside…

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Board Operations
2015 February Building Social Media at Your Community

Social media impacts just about everyone…few escape its presence in personal life or the business world. Whereas Facebook was once a leading platform for millennials, the portal has increasing appeal to the aging demographic, especially in…

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Board Operations
2015 February Vendor Relationships

Frequently, there are needs for repairs, replacements, services, cleanings, or renovations; thus, service vendors are necessary trade professionals for condo or association boards. Carmelo Milio, the president and director of property mana…

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Board Operations
2015 February How to Be a Great Board Member

Often, the best, most successful boards and communities share the same combination of habits and traits; all the while, the worst, least successful boards and communities share the same habits and traits, as well. Case in point: there isn’…

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Board Operations
2015 February You Want To See What?

Big purchases come with big reams of paperwork...it’s frustrating, but a fact of life. For co-op shareholders and condo owners, that concept can equate to hundreds of pages of documents outlining everything from the financial status of the…

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Board Operations
2015 February The ABCs of Municipal Government

You may live in the most well-run and self-sufficient building in the city, but no building is an island, not even in developments from the sprawling Stuyvesant Town- Peter Cooper Village in Manhattan to Co-op City in the Bronx to the smal…

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Board Operations
2015 February Keeping the Beat

In any co-op or condo association, as with any decision-making body, meetings are essential for influencers to gather and make choices that best represent the interests of their communities. However, these meetings do not—and cannot—…

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Real Estate Trends
2015 February Storage Spaces in New York City

Without a doubt, storage space is a supreme luxury in New York City. With small living spaces selling at high prices abound, unit owners commonly require additional capacity for bikes, out-of-season clothing, suitcases, business files and …

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Q&A
2015 February Q&A: I'll Tell Ya Where to Park Your Garage

Q At the time, I purchased my 3-room apartment in January, 2014, my proprietary lease indicated that I have 157 shares, and that I have no garage. No other information was provided at the time concerning what was covered by the 157 shares…

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Q&A
2015 February Q&A: The A-B-C-s of Sponsorship

We have a co-op building with 47 apartments. The original sponsor (say Owner A) established the co-op long ago. In 2012, he sold his ten apartments to Person B, then B sold them to C in 2013. As per the offering plan, Owner A is a sponsor. …

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