October 2014, Vol 4, No 10
Visit our archives to see other articles that were published in 2014.
- 10.22.14 Rating System Evaluates Community Associations New rating service from Association Evaluation scores community associations on their financial condition and adherence to recognized best practices for operation [Chicago Tribune]
- 10.15.14 Retired Admiral Sells Carlyle Condo Retired Navy Admiral sold three-bedroom condominium for nearly $2.58 million [Crain's Chicago Business]
- 10.8.14 Big Financial Hurdles Remain for Spire Developer Kelleher Creditors vote to approve bankruptcy plan for Chicago's most famous failed condominium project [Crain's Chicago Business]
09.29.14 K2 Apts. Get LEED Silver
have secured a LEED Silver certification from the US Green Building Council
for K2, the partnership’s 496-unit luxury rental tower at 365 Halsted St. in
Chicago’s Fulton River District.
- More News...
When electing board members to serve on behalf of your 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 of the type of community they serve, board members have a responsibility to govern and make decisions on behalf of that community—often referred to as the board's “fiduciary duty.” Read More
The owners of Museum Park Place Condominium in Chicago’s South Loop area are fortunate; their 23-story, 194-unit building overlooks Soldier Field. “We sit on the rooftop terrace, listen to concerts, and watch the Bears play football on the Jumbotron screen free of charge,” says Victor Rodriguez, president of the condo association’s board of directors. Read More
Many if not most boards get along famously. There are boards that have had the same members for decades and run their communities without a hitch. Read More
The “Dream Team” label is often used to describe a perfect combination of highly-skilled people drawn together for a particular purpose. The 1992 U.S. mens' Olympic basketball team is probably the most famous example, but 'dream teams' have included everything from legal defense attorneys to diplomatic missions. Read More