The relationship between a building or association's board and their property manager sets the tone for the entire community. Transparency, clearly-defined expectations, and accountability are hallmarks of a healthy, functional board-manage…
Multifamily communities are governed by laws that range from local ordinances to federal housing statutes. Not only is there a long list of codes, deadlines, inspections, filings, and regulations to follow, but these important items and dat…
Striking a healthy balance between the governance and the management of a co-op or condo community can be a challenge. While it’s the board that governs, it’s management that executes…at least that’s how it’s supposed to be in theory. That …
While nobody will deny the importance of formal education and training, talk to enough professionals across the property management industry, and you’re likely to hear that while school was definitely useful, the experience gained on the jo…
There are elements of board service that can vex even the most committed, most intrepid volunteer—and negotiating a building’s management contract is probably at the top of that list. Vexing or not, however, the extent and quality of servic…