The goal is to be an informed board member. For both new and seasoned board members, however, there are countless challenging topics requiring specific knowledge. With new regulations and legislation on tap, it is imperative that board…
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…
So your condo or co-op’s management company is getting ready to hire a new service employee. It could be a doorman, it could be a maintenance man, it could be a swimming-pool supervisor. Is this a simple process, or a complicated one? A…
Whenever a problem arises, board members often have a knee-jerk reaction to call their managing agent immediately. In many cases, this is appropriate. But although it might be part of their job to communicate with the board, managing age…
All she wanted to do was to sell her co-op apartment. Although she used her ground-floor property both for work and as a residence, she wasn’t quite sure whether it could be sold as a live-work apartment. So she did what she thought sh…
Advances in technology are influencing virtually every area of our lives and for decades, condos and co-ops have taken advantage of technology to make their buildings run smoother. Things that are now commonplace - like intercom systems, v…
Six years ago, a scandal rocked the New York State real estate management industry for the second time in a decade. Thirty management company owners, agents and contractors were indicted for taking kickbacks for contract work at many New Y…