Q . Our condo board recently proposed a large loan for a capital expense. The bylaws stipulate monthly maintenance assessment based on size of the unit. This assessment includes maintaining a cash reserve for smaller projects. There is no …
Planning for a rainy day is pretty easy. Have an extra umbrella handy or a waterproof coat, and you’re probably fine. Planning for the rainiest day ever, on the other hand, is significantly more daunting. Especially if during that day there…
On Thursday, October 11, The Cooperator welcomed thousands of board members, managers, building owners, and co-op and condo decision-makers from across the tri-state area to the Jacob Javits Convention Center for the second annual Fall edit…
People feel ‘harassed’ all the time – by crowded trains, loud noises, and even the weather. Co-op and condo residents often feel that their board, or even a neighbor, is ‘harassing’ them. But what qualifies as harassment in the legal sense?…
Whether it be a detached single-family house, or one unit among hundreds in a high-rise condominium, a home should be a safe haven: a place where you can seek refuge from the elements and all the other risks and cautions of the world. Given…
You see them up all over the city - scaffolding, sidewalk sheds, and other indicators that facade work is being carried out overhead. But what leads up to the erecting of these structures? What do building inspectors look for when they exam…
One of the conundrums of co-op and condo life is how to keep members involved and interested in the governance of their building or association. Many residents are delighted to own, but less than excited to participate. That lack of enga…
Last April, The Cooperato r ran a piece about the most expensive home ever sold in New York City: a condo purchased by Dell Computers founder and CEO Michael Dell for $100 million at One57, a Central Park-adjacent skyscraper develope…
Amid the buzz and controversy surrounding Amazon's selection of Long Island City as the site for the online retailing giant's newest headquarters, at least one major group is welcoming the move with open arms. SEIU-32BJ, the labor union …
Some things in the property management game never change; the need for top-notch communication skills, good people management, and a commitment to the job itself will always be foremost in a manager's toolkit. But as times change, so does t…