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Category: Board Operations

Board Operations
2017 October Board Transparency

Community living – the very basis of co-op, condo and HOA life –is based on the idea of trust. In a community of potentially hundreds or thousands of residents, every resident can’t be involved in the making of every decision. Too many cook…

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Board Operations
2017 October Problem Boards

A condominium, cooperative, or homeowners’ association elects a board for a specific purpose: to navigate the ins and outs of association management on a day-to-day basis. In fact, the board has an inflexible fiduciary duty to act in the be…

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Board Operations
2017 February Building a Stronger Community

Are condominiums, co-ops and HOAs cohesive communities? Is community part and parcel of what the purchaser is seeking when they buy into a co-op, condo or HOA? The concept of ‘community cohesiveness’ could be defined as a community in which…

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Board Operations
2017 February Social Media and Your Community

Twitter, Facebook and Snapchat, oh my! Today, you would be hard-pressed to find someone who doesn’t use some form of social media to communicate with friends, family, and colleagues. Whether they are posting updates on their daily life, sha…

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Board Operations
2016 November What Makes Boards Succeed

In 1974, Peter Drucker, a well-known management consultant and author of more than three dozen books said, “There is one thing most boards have in common; they do not function.” While Drucker’s blunt assessment was aimed primarily at corpo…

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Board Operations
2016 November Holiday Decorating

Since before recorded history, people have celebrated events, often decorating homes and public spaces to mark this or that special day or event. We still love to adorn our doors, windows, and other areas with festive décor at different tim…

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Board Operations
2016 October A Look at Election Fraud

Every co-op, condo, and HOA must elect a board of directors to oversee the community’s finances, physical maintenance, and other day-to- day operations. While board elections don't rise quite to the level of a state or even local election i…

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Board Operations
2016 October Living the High Life

Amenities come and go.  In some places like New York and Miami though they can make or break a condo’s marketability, but in Chicago at least, it’s still a matter of the three cardinal rules of real estate, “location, location, location,” a…

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Board Operations
2016 October Home-Based Businesses

Dana Greco, a therapist specializing in marriage counseling and divorce mediation lived in a comfortable two bedroom co-op on New York’s Upper West Side near Columbia University.  Divorced herself and with grown children, her apartment was …

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