Tag: Condominium

Real Estate Trends 2014 Market Review and Forecast
2014 March 2014 Market Review and Forecast

Chicagoans are a tough crowd. After all, it takes a hardened crew to be able to weather a Chicago winter that rivals its nickname as the Windy City. But while many neighborhoods are starting to bounce back after the recession, some a…

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Q&A: Voting Privileges for Non-Owners
2014 March Q&A: Voting Privileges for Non-Owners

Q I am the vice president of a small condo community and we are trying to find out if non-homeowners can serve on the board. Several of the homeowners would like renters to have a proxy vote. However, being a proxy and voting for an absen…

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Q&A: Random Miscellaneous Fees
2014 March Q&A: Random Miscellaneous Fees

I was wondering if you had any information about whether a co-op management company is required by law to answer questions of random fees on a monthly statement. I've been struggling for 6 months with my management company and they 1) won't…

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Security State of Surveillance
2013 December State of Surveillance

There are many different factors that prospective condominium owners take into account when looking to buy a unit. Aesthetics, price, and location are important, for sure. But perhaps the most critical factors of all are the safety of the …

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Q&A: Fixing a Common Area Smoke Problem
2013 December Q&A: Fixing a Common Area Smoke Problem

Q What recourse is there when it involves a condo resident whose heavy smoking has so polluted the building lobby outside his front door that there is a 24/7 stench that greets anyone who arrives from outside? In this case, his door is im…

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Board Operations Do It Yourself…Or Not?
2013 November Do It Yourself…Or Not?

This country was founded with a heavy dose of independence and a strong “Do-It-Yourself” attitude. The DIY mindset, with roots in Europe and European culture, crossed the Atlantic Ocean with the earliest immigrants and became part of the A…

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Board Operations High and Mighty
2013 October High and Mighty

There’s nothing worse than being a unit owner in a building and seeing someone breaking a rule and seemingly getting away with it. It's even worse if that person happens to be on the building's board. Some board members believe that …

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Board Operations Just One Big, Happy Family...?
2013 October Just One Big, Happy Family...?

Finding the right balance of involvement between homeowner associations, co-op boards, condo boards and residents can be like maintaining a healthy relationship with a significant other: you want to be compassionate, responsive and attenti…

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Board Operations Meeting Minders
2013 October Meeting Minders

You may love your building. You may even love your neighbors and the members of your board. But there are few people who can say that they love their monthly board meetings or annual shareholder meetings. That’s because many of these meeti…

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Management If They Only Knew...
2013 October If They Only Knew...

Someone once said, "People who say that small things don't bother them have never tried to sleep in a room with a mosquito." The truth is that there are little irritations—otherwise known as pet peeves—about a job, relationship, or o…

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