If you think about it, a multifamily building isn’t that much different than the human body. Both house important complex operating systems and organ-like pieces of vital equipment, both take in fuel, produce waste, and both require regular…
A building or association's budget may very well be the bane of every board member’s existence. This is especially true when it relates to the prioritizing of repairs and maintenance tasks. Given the safety concerns involved, these are amo…
For those looking to move into a condo, there are myriad factors that come into play while searching for the best—and most efficient—place to live. Of course, location, size, and safety are always a concern. Amenities attract home seekers,…
When it comes to keeping the exterior surfaces of a co-op, condo or HOA well-maintained and free of any potentially dangerous structural issues, it’s up to the management company and board to take steps to insure the safety of residents an…
Dealing with service vendors is a daily necessity for any co-op, condo development or HOA community; there are always things that need to be repaired, replaced, replenished, serviced, cleaned or renovated. Among the laundry list of vendors…
One only needs to watch the news regularly to understand the devastation that a fire can have on a home or community whatever the time of year. A condo fire in October in Dunellen injured a firefighter and destroyed much of the complex, le…
It only makes good business sense that if something goes wrong and needs fixing at a condo or co-op, the board or manager is going to do some due diligence to choose the correct contractor, and this is normally done by gathering bids. Afte…
There’s probably not a condo, co-op, or HOA board that doesn’t worry about money at some point or another, which is why staying on top of the latest money-saving opportunities is vital for any building or community to be successful. One of…
Homeowners associations and co-ops alike are governed by a set of specific documents that lay out the administrative structure of the community, its rules and regulations, and protocols for decision-making. The certificate of incorporation…