Living in and running  a co-op or condo can be stressful. And it's understandable that both the board of an association and those to whom it serves can find themselves overwhelmed, not only with vital information pertaining to their day-to…

Nobody would claim that managing condos, co-ops or other multifamily properties is an easy gig -- quite the opposite is often true. Here, management pros dish the dirt on what makes their job tough. (Spoiler: it may not be what you think!) …

Property insurance is one of the most important components of protection for common interest communities.  It protects the property, association, corporation, board members, and residents from potentially financial consequences in the event…

Buying a home for the first time is a major life event, right up there with getting married, having children, or driving your first car. Especially for longtime New Yorkers who have previously rented, it's a big step towards owning somethi…

Even the most laid-back, harmonious community will periodically experience conflicts -- maybe between board members, between neighbors, or between residents and the board. Resolving these issues without litigation or lingering acrimony is k…

In a scene from the 1985 historical drama Out of Africa , Lord Delamare (portrayed by Michael Gough) asks the Danish writer Isak Dinesen (played by Meryl Streep) if she had insurance after her coffee farm in Africa burnt to the ground. “…

Halloween may be over, but that doesn't mean that living in a co-op or condo community can't be scary sometimes. And while multifamily real estate is rarely haunted in a truly spectral sense, eerie goings-on still take place, sending chills…

Q. We have an apartment/shares in a Brooklyn co-op. In 2016 we experienced two leaks in our shower room (which is in the bathroom, but separate from the bathtub). With the first leak, the building plumber broke part of our shower wall, re…

Q. I live in a manufactured home co-op, and earlier this year we switched property management companies. At first, they lost a check – which I guess can happen. Then a few months later, a group of us received demands for rent and were ser…

In residential properties, lighting – both its quality and its efficiency – is often as important as the fixtures in which bulbs themselves are placed. This applies particularly to LED light bulbs, since they’re directly tied to monthly ene…