2009 August
Focus on... Insurance & Board Training

Insurance
2009 August Examining the Effects, Planning Ahead

The economic crisis has affected many individuals, businesses and markets—the real estate and job markets, to name just two particularly nasty examples. Until now, one of the few industries that didn’t seem as deeply impacted was the ins…

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Insurance
2009 August A Look at Contractor Liability

Part of the process of bidding and hiring a contractor to work in your building is verifying their insurance coverage. Uninsured or inadequately insured contractors pose a serious threat to a co-op or condo community’s finances and can …

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Insurance
2009 August Covering the Gaps

 Unlike individual apartment owners’ insurance coverage, most co-op and condo buildings’ insurance policies are pretty standard—they include homeowners’ insurance, liability, and umbrella coverage. Usually, the common areas such as  the ha…

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Insurance
2009 August Understanding Roles & Responsibilities

Most co-op and condo residents understand that there is a board protecting the interests of their building community and individual owners—they’ve probably taken part in numerous board elections, or even served on committees, or volunte…

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Insurance
2009 August Helping the New Kids on the Block

 Though often responsible for millions of dollars in property and charged with  the oversight of complex building functions, few co-op/condo board members are  real estate professionals. Board members are resident volunteers who come from …

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Insurance
2009 August A Look at Manhattan's East Village

 While the grid of streets and avenues may remain rigid and unchanging as the  years go by, New York City’s neighborhoods are organic entities, constantly shifting and evolving as new  features emerge and old ones fade away. Nowhere is thi…

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Q&A
2009 August Q&A: Transparency of Board Operations

Q “A number of shareholders have raised questions about the management of the our co-op corporation. The board has been largely in place for 10 years, the managing agent for 20, and the board retains an attorney, who also served the …

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