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…
Getting buy-in from residents on expensive equipment installation or upgrades can be tough - especially if one's existing equipment seems to be getting the job done. But 'functional' isn't the same as 'optimal' - and making some changes to …
There are few things more traumatic than dealing with a fire in one's home. From loss of possessions either replaceable or one-of-a-kind, to the exponentially more horrific potential of lost human life, the baseline is bad -- and things can…
Co-op and condo owners often make assumptions about who can serve on the board of their corporation or association -- and one of those assumptions is that any owner of shares in a co-op, or a unit owner in a condominium is eligible to run f…
New York City's 2017 residential sales set a record high of $50 billion “driven by Brooklyn's all-time high annual consideration of $11 billion this year,” according to the latest fourth quarter 2017 report by the Real Estate Board of New…
If you're on the board of a small, tight-knit building were everyone knows their neighbors, it may be tempting to make decisions on the fly, or conduct building business in a more informal, handshake-based way than a board in a larger, more…
To many people outside New York City, the very word ‘condo’ conjures up an image of an ultra-modern apartment located in a high-rise building with dramatic views. But that’s for the movies. First of all, condos, like any other type of apart…
In late January (as has been reported elsewhere ), six residents of the St. Tropez condominium located on Manhattan's Upper East Side, filed a lawsuit against two board members of the association stemming from a rooftop facade co…
Smoking, dogs, and bedbugs: either one or all of those issues can affect you as a co-op or condo owner. Many residents have experienced a cloud of cigarette smoke in the hallway, the loud bark of a noisy dog in the middle of the night, or e…
Contained heat and power (CHP) systems are one way for multifamily buildings to reduce both their carbon footprint and their operating costs, but many boards (and residents as well) have concerns about the expense and process of installing …