While high-rise residential buildings put many people and families in very close proximity to one another, living side-by-side doesn’t automatically turn a group of people into a community—sometimes it even has the opposite effect. Lives …
Category: Management
Some lucky co-ops and condos offer the benefits of an indoor or outdoor swimming pool for their residents; it’s a splashy amenity that many people request when looking for a home…but there are many drawbacks, issues, and liabilities that c…
Having an apathetic, uncommunicative board is a big issue in many buildings and associations, but the opposite situation—a board that oversteps its authority—can be just as problematic. When a board does something it should not do, or fail…
Normally, a co-op, condo, or HOA management team is well-equipped to handle a wide variety of day-to-day matters, like leaky roofs and faulty garbage disposals. There are other bigger issues—such as embezzlement and fraud—that require outs…
The media and political buzz surrounding so-called 'homeshare' or 'short-term rental' websites (primarily Airbnb, but also other similar services like Homeaway.com and VRBO.com, just to name two) has been on the upswing over the last year …
Most condo/HOA boards are made up of ordinary, well-meaning folks who volunteer for the relatively thankless job of running their association. They donate their time, expertise, and effort to make their community as functional, solvent, an…
While the exception rather than the rule, boards can run afoul leading an association into troubled waters. In some cases, certain rules are enforced over others or community funds are simply mishandled. And in other instances, trusted adv…
Whether they consider themselves dog people, cat people or exotic bird people, many New York City residents own companion animals. New Yorkers may love their furry or fine-feathered friends but not all association boards and managers are q…
As the co-op/condo market continues to heal after the setback it experienced during the most recent financial crisis of the mid-aughts, many management firms and independent property managers are looking for ways to distinguish themselves …