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Category: Building Operations

Maintenance
2001 Apr Breathe Easy

It’s the end of another long day at work. You come home, lock the door, flop down on the couch and take a deep breath. Time to rest easy. But consider that deep breath. How clean is the air in your co-op or condo? Do you really want to know…

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Maintenance
2001 Apr Hi-Tech Maintenance?

In the autumn of 1999 a hot concept in property management emerged: Why not use the Internet to streamline the management process? By the spring of 2000 three Web sites had launched, each with a different vision and approach but sharing the…

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Finance
2001 Mar Moving in Together

You’re unmarried, but you want to buy a co-op or condo together. What do you need to know? Will it be difficult winning the board over? How do you plan for possibilities you’d rather not consider, like breakup or death? The decisions you ma…

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Maintenance
2001 Feb In a Class of Thier Own

"It’s probably the last remaining profession to make house calls!" says Eugene Marabello, president of The Superintendent’s Club of New York, an organization dedicated to filling a gap in the knowledge base of multi-family building maintena…

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Maintenance
2001 Feb Be Safe, Be Secure

Your home is your haven, your sanctuary, the one place where you can feel comfortable, safe, and secure. At least, that’s what a home should be. But according to the National Safety Council, no fewer than 15 household accidents resulting in…

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Management
2001 Feb The Board/Manager Team

Much has been written recently about the management industry indictments, the role of the managing agent and how to monitor management. Little has been said, however, about what it takes to make a board/manager relationship work. The mana…

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Finance
2001 Dec/Jan Reduce Variable (and Fixed) Costs

All board members should be involved in the budgeting process of their building. However, board members come from a wide array of professional backgrounds, and often lack experience managing large budgets and do not know how to effectively …

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Finance
2001 Dec/Jan Sponsor Problems?

The numerous, rapid conversions of the 1980s resulted in many cases of sponsor default in the early ‘90s. But as the number of building conversions slowed in the ‘90s, it seems that potential conflict between shareholders and the sponsor ma…

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Finance
2001 Dec/Jan The Finance Officer

A good treasurer is crucial to the well-being of any co-op or condo. Unfortunately, the position is, without a doubt, one of the most challenging offices to hold. Carl M. Cesarano, CPA, a partner with Cesarano & Khan PC in Rego Park, Queens…

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Finance
2001 Dec/Jan A Second Chance

While the real estate market today is going strong, there are still buildings facing financial troubles. Many of these are victims of the collapsed real estate market of the late 1980s and early ‘90s. The market may have dropped after the c…

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