If you think about it, a multifamily building isn’t that much different than the human body—both house important complex operating systems and organ-like pieces of vital equipment, both take in fuel and produce waste, and both require regul…
Change is a part of life; and that’s especially true if you’re talking about living in an urban condo community, where no building ever stays the same for too long. Renovations are done, capital improvements are required and even upgrades …
There are potential dangers all around a condo or co-op that no resident wants to consider a realistic concern: a chunk of hanging concrete above a balcony can be life-threatening; a section of delaminated masonry, wood shingles or siding,…
Dealing with service vendors is a daily necessity for any condo development or HOA community; there are always things that need to be repaired, replaced, replenished, serviced, cleaned or renovated. Among the laundry list of vendors that C…
Even the most successful property managers understand they don’t know everything, and with new developments happening in building technology, administration, and communication, a savvy manager will look to constantly learn about what’s new…
One only needs to watch the news regularly to understand the devastation that a fire can have on a home or community whatever the time of year. Fires can happen any time but certain times of year are more dangerous. “The winter month…
It’s only logical that if something goes wrong and needs fixing at a condo or HOA, it's the board or manager’s job to do some due diligence and choose the contractor that makes the most sense for the community's needs and budget. Thi…
In today’s economy, co-ops and condos are looking for ways to cut costs wherever they can, and many are turning to examining their legal bills. But the problem therein is two-fold: firstly, you don’t want to compromise your relationship wi…
There’s probably not a condo, HOA or co-op board that doesn’t worry about money at some point or another, which is why staying on top of the latest money-saving opportunities is vital for any building or community to be successful. One of …
One of the biggest problems that can cause the downfall of any condo or co-op is a lack of funds, or more specifically, not enough money to keep operations running smoothly and to make the necessary repairs to keep everything up to par. …