Attractiveness and so-called ‘curb appeal’ are both vital to a building or HOA’s sense of community pride and overall value. After all, it’s hard to attract prospective homebuyers if your association’s grounds are scattered with litter, the…
Category: Management
While many of the co-ops, condos, and HOAs that struggled to stay solvent during the Great Recession of the mid-aughts have largely recovered, the truth is that regardless of the overall economic climate, there will always be buildings and …
As anyone with a smartphone, tablet or laptop knows, technology makes life easier in countless ways. The management of co-op and condo properties is no different, with new digital tools emerging all the time to streamline, facilitate and im…
It is not easy being a board member. There are meetings to attend, documents to review, decisions to make and neighbors to mollify. There are also a number of rules and regulations that must be followed in order to ensure that the individua…
A condominium, cooperative or homeowners’ association thrives or falters based on how all of the various stakeholders involved can come together in effort to achieve a common goal: the maintenance of a successful and stable residential comm…
Owning a unit in a multifamily co-op or condo carries a great many benefits in the form of shared responsibilities, but it also requires compromises along the lines of control: what your board, management, and building staff can or cannot d…
Everyone can use a little help now and again. The residents of condominiums, co-ops or homeowners’ associations are no exception. There are tons of tasks that just cannot be left up to the board or residents, who are busy people themselves,…
When a building, HOA or an individual apartment owner starts a big project, coordinating phases of work, construction schedules, and other logistics can seem like an extremely daunting task. It’s a lot to orchestrate and keep track of – so …
In major US cities these days, the decision to live in one co-op or condo building versus another often hinges upon the style of living afforded in a particular property. Whether it is defined partly by a full-scale gym and spa, a children’…
In the perennial struggle to control costs while still adequately maintaining a building or HOA’s physical plant, grounds, and other day-to-day business, some boards and managers are opting to hire superintendents, custodians, and other sta…