January 2010 Vol. 8, No.1
The January 2010 issue of The New Jersey Cooperator newspaper focuses on Management/Board Relations.
In this issue, you can read about real-life tales of property management, running better meetings and to be managed or self-managed.
Visit our archives to see other articles that were published in 2010.
News Briefs
- 12.17.09 Last spring, she found a lovely two-bedroom condominium at 60 Erie Street, a converted school building in the historic Harsimus Cove district. [NY Times]
- 12.11.09 Residential property taxes: Could there be a more potent issue for real estate right now in New Jersey? [The NY Times]
- 11.25.09 U.S. sales of new homes rose last month to the highest level in more than a year as strong activity in the South made up for weakness in the rest of the country.[NJ.com]
- 11.20.09 Doormen have always been rarer in New Jersey than in Manhattan, appearing only at the largest and fanciest condominiums along the Hudson River. Now, some can be found at smaller buildings too, but only in “virtual” guise. [NY Times]
- 11.13.09 IN many communities, the pace of condominium sales is just crawling along these days. [The NY Times]
- 10.23.09 Their view is the main reason that the Gisslers, who are both 74, are so enamored of the place where they live.[NY Times]
- 10.23.09 Twenty luxury condos in East Rutherford will be auctioned at a third of their original price, another indicator of the wounded housing market, according to a report by The Record. [NJ Star-Ledger]
- 10.23.09 She shopped for co-ops in the Long Island communities of Floral Park, East Rockaway and Bellmore, among others, and also in Bellerose, Queens. [NY Times]
- 10.21.09 What do savvy European tourists and deep-pocketed condo buyers have in common? Both are swooning for Hoboken. [NY Post]
- 10.21.09 The W Hoboken sold the last of its 40 residential units in April 2007.[NY Post]
Featured Articles
To Be Managed - or Self-Managed?
While the majority of condo and HOA communities in New Jersey hire professional
management firms to handle their day-to-day operations, many others choose to
go the self-managed route, which can include hiring on-site staff or having
residents handle the tasks usually carried out by hired help. Their reasons for
doing so are as varied as the buildings themselves, but ultimately, it’s about finding the best fit for unit owners and boards alike.
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I Said Order!
Ever feel like your board meetings last longer than Wagner's Ring Cycle operas?
They certainly don’t last nine hours, but even three hours can be a long time to sit in a chair,
especially when the score doesn’t include the Flight of the Valkyries, and there’s no intermission to get a soda and chips.
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Make My Day
There’s a scene in the classic film Dirty Harry in which the eponymous detective,
played iconically by Clint Eastwood, is called off the main case in order to
stop a would-be suicide from jumping from a tall building. After this
successful digression, we learn how he earned his nickname—he does the department’s dirty work.
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