There are lots of things co-op and condo buildings can do to reduce energy waste and save themselves and their residents money. Submetering is one way - and here, an energy pro discusses a few key points boards should know when contemplatin…
If you're looking to buy a new condo in New York City, perhaps now is the time to do so. According to a Wall Street Journal report published yesterday, sales for new condominiums fell during third quarter 2018—a drop of 30 percen…
Q. When asked for full copies of monthly financials or ability to at least view them, I am told that this info is confidential and can not be released. My board will only issue a pie chart showing where funds are placed and totals of inco…
Q. Can a board member vote on a change in rules that will directly benefit him/her? For example, the board member is an investor with more than 10 units and needs more parking spaces for tenants. Therefore, he/she moves to vote to change …
Whether in a single-family home or an apartment building, pretty much every homeowner has had that moment: when in the middle of the night, he or she turned on the kitchen light to see a huge water bug scurrying across the counter, or heard…
When most New Yorkers think of co-op apartment buildings, they have a vision of a stately old Park Avenue prewar residence; a shining, modern glass tower on the Hudson waterfront; or even maybe a quaint duplex in brownstone Brooklyn. But th…
Condo, co-op and HOA communities come in all sizes, shapes, and locations. They can range from literally thousands of units spread across multiple high-rise buildings, or scores of single-family townhomes in sprawling HOAs. They can be desi…
Appreciation, and the profit that comes with it, is surely a major benefit of home ownership. But that profit does not come without a cost. You can’t hide from the tax collector, and sooner or later he or she will come looking for you to ex…
While a productive building or association manager who ably navigates the day-to-day operations of one or more client communities may not have millions in the bank, it’s hard to argue that he or she is not ‘successful’ in practical terms. B…
A condominium, cooperative or homeowners’ association is only as efficient as the elected board that oversees its day-to-day operations. Considering how difficult it can be to find time for family, leisure, and sleep amid work and assorted …