Category: Association Operations

Finance Who Makes the Cut in New Jersey's Co-ops?
2008 July Who Makes the Cut in New Jersey's Co-ops?

Imagine this scenario: you’re trying to purchase a co-op apartment, but also in the midst of a divorce. The board, concerned you may have to shoulder additional child support and alimony payments, fear that you might be unable to meet yo…

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Finance When, How, and Why
2008 July When, How, and Why

Boston, Massachusetts may seem worlds away from the serene Garden State, but the story of one embattled condo building there represents a dire cautionary tale for boards and managers everywhere. A couple of years ago, the residents …

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Finance Not in the Garden State
2008 July Not in the Garden State

New York co-op boards are notorious for scrutinizing prospective buyers with the intensity of federal investigators. The application and interview process can be lengthy and exhausting for someone looking to move into a cooperative. As s…

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Recreation Avoiding Conflicts of Interest
2008 May Avoiding Conflicts of Interest

Although the position generally offers zero compensation aside from the satisfaction of a job well done, association board members are still in charge of running a business—a business with revenues, expenses, and assets that, depending on t…

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Recreation Aging in Place in One's Home
2008 May Aging in Place in One's Home

Many of us, whether we like to admit it or not, have certain images or ideas pop into our heads when we hear the term “senior citizen.” Some are quaint—slow-motion shuffleboard tournaments, for example, or spirited rounds of Bingo. Other…

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Recreation Changing Your Community for the Better
2008 May Changing Your Community for the Better

All parents crave space for their kids, a place for them to play and romp and run. That’s why more and more families are intent on finding condo communities that offer something for the whole family, from playgrounds to swimming pools to…

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Recreation Attend the Premier New Jersey Expo
2008 May Attend the Premier New Jersey Expo

For most people, after a long winter, warm weather cannot come soon enough. But, if you are a trustee in a community association or a property manager, spring means more than barbecues and patio furniture—it means tough decisions and exp…

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