Time was, a nice spacious condo unit with a good location, a decent view and several basic amenities like a laundry room, a doorman and a gym or pool were what New York City buyers wanted when they went home-shopping. However, as more buil…
Being on a board of a condo or co-op is no picnic. There are tons of decisions to be made, disputes to settle, finances to keep track of and a chance of being sued for a slip-up. So why do so many people decide to serve on a board—some …
Sooner or later, every resident living in a condo or co-op community will have to deal with the inconvenience of living through a major capital improvement project—a roof replacement, an elevator rehab, serious exterior work, or somethi…
Think about this: according to the United States Department of Labor, each year nearly 2 million American workers report having been victims of workplace violence. Fraud committed by employees cost American companies approximately $20 …
It’s not necessarily to the degree of the Hatfields vs. the McCoys, the famous mountain clan involved in a decades-long blood feud, but living side-by-side in a co-op or a condo can, needless to say, get pretty heated on occasion. …
Whether it is redesigning light fixtures in a common space or replacing a roof, repair jobs and capital improvement projects are like death and taxes, they are inevitable. Whereas a building administrator or a managing agent most often …
Managing a cooperative or condominium apartment building in New York would be a piece of cake… if weren’t for all those people. “The bricks and mortar is easy,” says Margie Russell, managing director of the New York Association…
If the board of directors is the Barnum & Bailey of the cooperative or condominium, the manager is the ringmaster. The board finances the show and books the talent, but all eyes are on the manager. “Everything falls on you,” sa…
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…
According to U.S. Small Business Administration statistics, over half of all small businesses begun in the last decade have been home-based—that's more than 24 million in real numbers—with a new home-based business being launched every 1…