Often, the best, most successful boards and communities share the same combination of habits and traits; all the while, the worst, most fleeting share similar qualities, as well. Case in point: there isn’t tremendous mystery in what action…
Big purchases come with big reams of paperwork...it’s frustrating, but a fact of life. For co-op shareholders and condo owners, that concept can equate to hundreds of pages of documents outlining everything from the financial status of the…
There is an old saying that claims, “The more things change, the more they stay the same,” and that is not a happy thought for a board of directors or an association looking to change property management firms. The turmoil of replacing a m…
IIndividual commitment to a group effort; that's what makes a team work, a company work, a society work, a civilization work. Legendary Green Bay Packers football coach Vince Lombardi left condo boards and managers off his short list…
As the condo and HOA market continues to heal after the setback it experienced during the most recent financial crisis, many management firms and independent property managers are looking for ways to distinguish themselves from their colle…
When electing board members to serve on behalf of your co-op, condo or HOA community, you expect them to be on their best behavior and think of the needs of the building and the people who live there when making their decisions. Regardless…
In an urban or sprawling suburban environment, people can still feel isolated. While high-rise residential buildings and suburban subdivisions put many people and families in very close proximity to one another, living side-by-side doesn’t…
Much like corporations and charity organizations, condos, co-ops and HOAs across the nation are helmed by groups of residents who volunteer to serve their communities, and who are elected to their post by their neighbors. This is of course…
Having apathetic leadership is a problem in some buildings, though a board that oversteps the boundaries of its power or invades the privacy of residents also can be a headache. An informed board, however, should be less apt to go beyond i…
Can a board ask for $3.5 million in a special assessment and not delineate the projects or dollar amounts to the owners? The unit owners have a vague idea what the board wants to do but we have no idea of the scope of the projects, no start…