The ‘big city’ is known for its breakneck pace, as life whirls around the unprepared out-of-towner in an overwhelming swirl. Suburbia, on the other hand, is supposed to be a respite from that intense metropolitan grind – a place to patientl…
In a community association, it falls on the board to put out any fires that ignite among the property’s residents. But what happens when that blaze springs up between the board members themselves? Those who volunteer to serve on their com…
One of the most important factors in the decision to purchase a condominium or co-op is lifestyle. Many who live in residential communities, particularly those in single-family HOAs, choose community living over a single-family home for the…
Volunteerism is arguably the bedrock of co-op and condominium communities. One buys into one or the other with the expectation of participating in the governance and operation of the property. Volunteering for board or committee service, th…
Community association and co-op boards typically consist of elected volunteers whose job is to serve the best interests of the community in day-to-day decisions both big and small. In an ideal world, every board would live and die by its fi…
Technology - in the form of mobile apps, improved connectivity, and the Internet of Things - has forever changed how property managers serve their client communities. In this short clip, two management pros talk about how tech has impacted …
A new report released today by Douglas Elliman painted a less-than-rosy picture of Manhattan condo and co-op sales performance from the past five years. According to The Real Deal , Elliman's study stated that the annual number of…
When one thinks of a wooden domicile, the log cabin might come to mind, or even the treehouse in which one may have spent hours as a youth. But rarely do “wood” and “high-rise condominium development” overlap in the popular imagination. De…
Hedge fund billionaire Kenneth Griffin now has 238 million reasons to love his latest real estate purchase. This past week, The New York Times reported that Griffin, the founder of the investment company Citadel, recently paid $2…
While it may seem like a smaller building or community might be a cakewalk to manage compared to say, a 1,000 unit building or HOA with amenities, landscaping, and other aspects demanding attention, the fact is that dealing with tiny commun…