You may have a roof over your head—but if that roof isn’t doing its job, you may as well be living on the cold, wet streets of New York City. Roofs serve as the first line of defense against whatever the skies throw at your bu…
“...We gather here today at the human resources department of Acme Property Management Company to bring together John Smith, property manager, with the building and board located at 123 Anywhere Street. If nobody objects to this arrang…
Eventually, most co-op owners will get bored with their surroundings and want to spruce up their apartment. Sometimes this will involve a full remodeling or redesign of the unit, while other times it simply means adding a new coat of p…
As residential buildings and the business of managing them have become more sophisticated, the term “super”—as in superintendent—has come to mean “super-qualified.” The days of the building handyman armed with little other than a ring of…
It’s hard—if not impossible—to plan a budget for your building and stick to it if maintenance problems and structural crises are constantly taking you by surprise and depleting your community’s bank account. Capital budgets are the long…
Not for nothing is New York City often called “the concrete jungle.” Thousands of square miles of pavement of all descriptions cover the city, from newly-poured (and quickly graffiti'ed) cement sidewalks to cobblestones left over from t…
Edgar Dworsky is the treasurer of a small condo complex in Somerville, Massachusetts that was built back in 1987. He loves where he lives except for one rather large problem. Water leaks have plagued the complex since it was built. Dur…
Even cavemen knew that fire was dangerous—and they lived in flame-proof caves. But here in the 21st century, people blithely build roaring fires right in the middle of their furnished, wood-filled, carpeted, upholstered and bookcase-jam…
According to some sources, the word “tips” is actually an acronym—it’s short for “To Insure Prompt Service,” and the list of people who are commonly tipped—at least in the United States—includes everyone from hair and nail salon workers t…
In the late 1980s, seeking high-growth, low-risk investment opportunities, and with an affinity for brick and mortar, European pension funds began to invest heavily in the American real estate market. So much money poured into the Unite…