Regardless of whether they’re self-managed or employ a management company, a co-op or condominium board of directors will at some point have to make decisions about how and from whom the building gets its supplies and services. …
There’s nothing worse than dealing with someone who has let their power go to their head, and when you’re talking about a co-op or condo board member who starts to act above everyone in the building, huge problems can arise. J…
These are hardly the best of times for those who manage co-op and condo buildings, charged as they are with overseeing financial well-being, maintenance goals, legal issues and an almost unpredictable kaleidoscope of other daily concer…
Drawing up a contract for management services looks at first glance like a simple task. Such contracts usually follow a particular format and outline similar services for both co-ops and condos, regardless of size. But what about contr…
Every condo and co-op has its own set of governing documents by which building administrators direct their community's day-to-day business. Bylaws, rules and regulations, and precedent-setting legal cases help keep boards within the le…
The vast majority of co-op and condo residents are normal folks who wouldn't dream of disrupting life in their building by being verbally abusive to neighbors, blowing up board members' phones and e-mail inboxes with endless complaints…
Almost everyone is under pressure these days to save money however they can—and co-op and condo buildings are no exception. Even those associations who are financially solvent and have money socked away for a rainy-day capital improveme…
No matter what the job—be it flipping burgers at a chain restaurant or running a multinational investment firm—employees should be given periodic reviews of their performance to assess how they’re doing and identify both their strengths…
In most buildings—even otherwise well-run, well-managed ones—building staff and administration can sometimes get a little bit lax in their day-to-day maintenance duties. Equipment doesn’t get serviced. Paint peels. Dust and dirt accumula…
If your planner or BlackBerry is full of to-do lists and scheduling conflicts, if you're often running up against deadlines and your cell phone rings constantly, you've got a lot in common with a New York property manager. Property …