Category: Building Operations

Finance
2018 April Underlying Permanent Mortgages

One of the components that makes co-op ownership unique is its financing structure. Unlike a condominium, the property is owned as a whole, fee-simple estate – and so the entire property can be encumbered by a permanent, long-term loan. Thi…

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Management
2018 April Security Assessments

Overall crime in the 30 largest cities of the U.S. was estimated to be down nearly 3 percent in 2017, according to a recent study by  New York University School of Law’s Brennan Center for Justice. For New York in particular, the crime rate…

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Management
2018 April Aesthetic Conflicts

Attractiveness and so-called ‘curb appeal’ are both vital to a building or HOA’s sense of community pride and overall value. After all, it’s hard to attract prospective homebuyers if your association’s grounds are scattered with litter, the…

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Management
2018 April Managing Distressed Properties

While many of the co-ops, condos, and HOAs that struggled to stay solvent during the Great Recession of the mid-aughts have largely recovered, the truth is that regardless of the overall economic climate, there will always be buildings and …

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Management
2018 April Safety and Security

Education, awareness, and cooperation between management, boards, and residents can make a huge difference in deterring crime in and around a building. Some basic behavioral adjustments – such as making sure nobody follows you into the buil…

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Maintenance
2018 April Exterior Cleaning

Cities and suburbs can be dirty places – and unfortunately, getting that dirt off the façade of a building takes more than just a scrub-brush and a bottle of Mr. Clean. How a building is cleaned depends on two factors: what materials the bu…

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Landscaping
2018 April Working With Your Landscape Architect

The sun stays up a little longer, the breezes are warmer, and the flowers begin to bloom. The signs all point to the arrival of spring, when we can cast off the dreary grayness of winter and look forward to blissful summer days. It is the p…

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Landscaping
2018 April Choosing the Right Plants for Landscaping

Along with the exterior appearance of buildings themselves, landscaping is the first point of contact for potential residents and visitors to a condo or HOA community. While it’s tough to quantify the effect of beautifully curated and maint…

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Landscaping
2018 April Curb Appeal

When it comes to purchasing a unit in a condominium, co-op or homeowners’ association, everyone is rightly concerned with square footage, baths, beds, kitchen aesthetics—all of the hallmark bells and whistles. But before a potential buyer c…

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