Tag: Keith Loria

Finance Worst-Case Scenarios
2014 February Worst-Case Scenarios

You always want to feel safe in your home, but as the past few years have proven, you never know when a major calamity or weather disaster is going to strike. While most of New York City proper wasn’t hit as hard by Superstorm Sandy as som…

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Maintenance Tech 101
2013 November Tech 101

Ask any realtor what their customers are looking for in a condo or HOA and they will quickly point out the importance of the latest and greatest 21st Century technology as one of the top requests. Much like the inherent evolving nature of …

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Finance STAR on the Rise
2013 November STAR on the Rise

If you own a co-op or a condo, it goes without saying that you want to make sure you get all the tax credits and abatements available to you. One of the most important of those is the New York State School Tax Relief Exemption—more commonl…

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Real Estate Trends The Return of the Open House
2013 November The Return of the Open House

There are lots of ways for homebuyers to find properties for sale, but regardless of whether one finds their prospective dream house online, sees a “For Sale” sign in a building, or gets a hot tip word-of-mouth, at some point buyer and pro…

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Board Operations High & Mighty
2013 October High & Mighty

There’s nothing worse than being a unit owner in a building and seeing someone on your board breaking a rule and seemingly getting away with it. Some board members believe that they are “above the law” so to speak, and seem to be ope…

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Energy Conservation Investing in Green
2013 September Investing in Green

With today’s condo and HOA residents much more conscious of their impact on the environment and looking for ways to reduce it, smart boards and property managers are looking to help. Simple tasks like turning down thermostats, shutting off…

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Insurance Escalating Insurance and Your Contractor
2013 August Escalating Insurance and Your Contractor

In pretty much all states except New York, if someone doing construction work is injured on the job, workers’ compensation insurance will take effect and cover all medical expenses and lost wages. Here, according to a spokesp…

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Board Operations Get to Know Your Board
2013 August Get to Know Your Board

Most co-op and condo residents have taken part in at least a few annual board elections, and perhaps, they’ve even served on committees, or volunteered on behalf of their building in some other capacity. But those who’ve never taken a s…

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Finance Coping With Arrears
2013 July Coping With Arrears

 The foundation of any properly run condo association or co-op building rests on  residents paying their monthly maintenance fees on time and in full, with no  delays or delinquencies. However, in the wake of the recession, with many  shar…

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Board Operations Unresponsive Boards
2013 July Unresponsive Boards

 There are a number of things that make shareholders unhappy in a co-op or condo,  but chief among the complaints is when the board just doesn’t seem to hear their concerns or doesn’t do its duty to keep shareholders informed of board meet…

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