If you lived in New York in the summer of 2003, chances are you know exactly what you were doing on Thursday, August 14th, at 4:15 in the afternoon. That’s when the ripple effects of the failure of an Ohio power plant caused most of the…
While the majority of co-op and condo communities in New York hire professional management firms to handle their day-to-day operations, many others choose to go the self-managed route, which can include hiring on-site staff or having r…
Co-op and condo buildings don’t run themselves. Their owners and shareholders rely on board members to make important decisions about the buildings they live in, and board members count on their management companies to provide them with …
Managing a co-op or condo community is far from an easy job. Six managing agents from some of the city’s top firms recently participated in the continuing series of roundtable discussions hosted by The Cooperator and the Federation of Ne…
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…