Category: Building Operations

Finance
2017 April Financing Investor-Held Condominium Units

Like single-family homes, condominium units tend to be owner-occupied. Financing for these units therefore tends to follow traditional guidelines and requirements centered on owner occupancy. But what happens when a condo unit is held as an…

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Management
2017 April Home-sharing from the Board’s Perspective

In recent years, “home-sharing” or “short-term” rental sites have been experiencing increasing popularity as well as political and media attention in many so-called destination cities. At the time of this article, the most popular of these …

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Management
2017 April Managing Parking Facilities

In any large city, parking is a big deal—it’s often hard to find, and when you do find a spot, it can be very expensive. Parking spaces not only provide urban drivers with freedom and mobility in the crowded cityscape, but they can be a ser…

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Finance
2017 April The Lending Landscape

Today, some eight years after the Great Recession, financing for co-op and condominium buildings and individual unit purchases is widely available.  The market is overall quite healthy, and though there have been some systemic changes to th…

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Management
2017 April Aesthetic Rules in Co-ops, Condos & HOAs

For many people, one of the most attractive aspects of co-op or condo living is the fact that everything, from the windows to the elevators to the numbers on the apartment doors, looks great; clean, bright, elegant and well-maintained. For …

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Landscaping
2017 April 2017 Market Review & Forecast

By all accounts, the New York City co-op and condo market is continuing its healthy, active trend of the past few years (although the frantic activity of the immediate post-Recession years seems to have eased somewhat—particularly at the up…

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Landscaping
2017 April Working With Architectural Committees

Property maintenance is a major responsibility of ownership.  In many unique ways, maintenance programs in a co-op or condo buildings – especially in older properties having architectural or design features with important artistic histories…

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Landscaping
2017 April Caring For Trees

Trees may seem like the ultimate in low-maintenance landscaping; they’re naturally occurring, live for decades (sometimes centuries), don’t really require much in the way of watering, and sometimes don’t even need pruning.  But while all t…

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Landscaping
2017 April Seasonal Maintenance

Building maintenance follows a schedule based on the seasons, each of which presents a unique set of challenges to a co-op or condo. At certain times of the year, it just makes sense to do certain regular maintenance projects: weatherizing,…

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