The Institute of Real Estate Management (IREM) announces via a press release this year’s leaders for its annual Diversity & Inclusion Succession Initiative (DISI) recognition program. The program “helps facilitate leadership and career deve…
Nobody gets into property management thinking it's going to be an easy, totally stress-free career -- on the contrary, many pros get into the field precisely because they enjoy a challenge, and prefer that every day come with a new and diff…
In a New York TImes “Ask Real Estate” letter from last December, a co-op shareholder lamented the sorry state of her 10-unit building: the board president was abdicating his position with no willing successor, and the managing agent w…
Some things in the property management game never change; the need for top-notch communication skills, good people management, and a commitment to the job itself will always be foremost in a manager's toolkit. But as times change, so does t…
People often say, “If these walls could talk...”, when considering the variety of experiences that a room has absorbed over the years and would now relate if it only could. But while talking walls are a purely hypothetical construct, prope…
As in any healthy marriage, an association board and its manager must be compatible or else the relationship will oftentimes end in a messy divorce, experts at a Community Associations Institute (CAI) Big Apple panel told an audience of …
The experience of condo and co-op board members can often feel like a juggling act. There are varied interests in the community that want different things. There's legal counsel, financial advisers, and managers who try to offer the best pr…
Q I received a letter, dated May 4, 2015, stating that I have an illegal tenant occupying my unit. It stated that all unit owners must inform management about any tenants and provide proper paperwork, including names, phone numbers, and …
Taking care of a condo or co-op building’s budget and finances is a big job. Handling such large sums of money is an important responsibility, and not every shareholder or unit owner has the expertise to do the job well. Sure, most people k…
The media and political buzz surrounding so-called 'homeshare' or 'short-term rental' websites (primarily Airbnb, but also other similar services like Homeaway.com and VRBO.com, just to name two) has been on the upswing over the last year …