Category: Management

Management
2016 May Proper Record-Keeping

Like any company, a multifamily residential community generates a lot of paperwork in the course of doing business, from employment records to tenant records and more. It can be an enormous amount of stuff to manage, and knowing what to kee…

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Management
2016 April Preparing for the Summertime Exodus

If it's like a ghost town in your building and summer hasn’t hit yet—where is everybody?  Maybe they’re on a winter hiatus and are inhabiting their second home in Florida—and that possibly means a season-long absence from their co-op or co…

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Management
2016 March Maintaining Balconies and Terraces

Before embarking on a real estate hunt, most prospective buyers craft lists. The “must have” list (square footage, operational plumbing, windows), the “would love list” (lots of natural light, Jacuzzi bathtub, doorman) and then the “probabl…

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Management
2016 March Managing Owners' Renovations

All you have to do is turn on the TV these days to know how popular kitchen and bathroom renovations have become. Backsplashes, stainless steel appliances, subway tiles, granite countertops, glass-enclosed showers, soaking tubs—the list of …

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Management
2016 January Going it Alone

While the majority of Garden State condo communities and HOAs choose to partner with professional management firms to provide guidance and counseling and oversee day-to-day operations, other boards take the reins themselves and choose self-…

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Management
2016 January Problematic Residents

The vast majority of co-op and condo residents are decent folks who wouldn’t dream of disrupting life in their buildings by being verbally abusive to neighbors, by blowing up board members’ phones and email inboxes with endless complaints a…

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Management
2016 January Open Lines

No one likes to feel left out or ignored. Sometimes that is how co-op and condo residents may feel if they believe their board or managers are not responding to their requests for information or sharing enough up front. What they may not re…

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Management
2016 January Improving Meeting Effectiveness

Maybe it was a bad day at work, the dog had an accident on the carpet or a disgruntled call was received from the school principal; whatever the reason, there are times when the last thing a condo board member or resident wants to do is att…

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Management
2016 January How to Evaluate Your Property Manager

Whether you're an executive of a multinational corporation or a cashier at the local supermarket, you probably receive a performance evaluation that assesses how well you're doing your job. Many property management companies may also do reg…

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Management
2016 January What Size Management Company?

We live in a world of add-ons. Ever since the term supersize was coined by the fast food industry back in 1994, the idea and its implications have spread to many aspects of the American lifestyle. We've become accustomed to 'value-added ele…

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