Beyond the obvious concerns of injury and liability from accidents caused by disrepair, sidewalk maintenance is also important when it comes to establishing a good first impression of your building overall. With some basic knowledge of what…
Recently, have you noticed that your managing agent has exchanged his old Toyota for a new Mercedes? Has he installed a new addition to his house? Has he appeared erratic...and returning from jaunts to Atlantic City all the time? If so, it …
Q My car was vandalized four times on the co-op’s property. We pay to park there each month. I have paid three times now for the repairs and I think the co-op should pay. There are no signs in the lot saying they are not responsible. …
For a crystal-clear picture of how a co-op board or condo association is doing, there are few better lenses than the community's budgets and financial reports. From an investment perspective, they show the association board, property m…
Given recent headlines, cooperative and condominium associations could be forgiven for thinking they need to put an armed guard and razor wire around the petty cash box. A wave of fraud appears to be hitting properties from New York to…
While previous columns focused on numerous outrageous situations that have faced us during our more than 25 years of collective service to our cooperative and condominium clients, one case sticks out in our minds. Incredibly, one case morph…
Few experiences can rattle the collective confidence of a co-op or condo community as much as charges of fraud. Trusts are broken and faiths betrayed, all in the name of personal gain. Boards and residents can protect themselves, thoug…