2018 March
Focus on... Exterior Maintenance

Maintenance
2018 March Planning Ahead

They say that a stitch in time saves nine. But when dealing with exterior maintenance and repairs for your condominium, cooperative or homeowners’ association, that proverbial stitch can save nines – or tens – of thousands of dollars. Small…

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Exterior
2018 March Roof Maintenance

A residential property could have triple-reinforced titanium steel walls, and it still wouldn’t be worth a darn without a sturdy roof. It’s through the roof and rooftop features that many problematic elements can enter a building, from wind…

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Finance
2018 March Curing Arrears

The last three apartments in your luxury hi-rise condo were sold to a troika of Russian oligarchs, who all paid well above the asking price. But now said oligarchs are on the sanctions list, and have withheld their monthly maintenance fees …

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Q&A
2018 March Q&A: Paying for Repair Work

Q. Our declarations state that maintenance the roof, grounds, and common areas, etc., is the association’s responsibility.  The board acknowledges this responsibility. Last year, the roofs had shingles damaged and missing due to wind.  Th…

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Q&A
2018 March Q&A: Sticker-Shocked

Q. The Village of Addison inspector has deemed that we must REPLACE (not repair) all our outdoor concrete stairs and landings. Our contractor originally said it would cost $67,000 per building. Now he’s saying it’s $328,000 per building. …

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Q&A
2018 March Q&A: Rules That Favor a Board Member

Q. Can a board member vote on a change in rules that will directly benefits him/her? For example. the board member is an investor with more than 10 units and needs more parking spaces for tenants, therefore s/he moves to vote to change th…

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