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Finance Controlling Operating Costs
2017 October Controlling Operating Costs

Creating and adhering to an operating budget is a delicate financial balancing act that boards, management, and staff do every year in buildings and associations all across the country. The object is to predict expenses, balance cash inflow…

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Law & Legislation Understanding Rights of Inheritance
2017 October Understanding Rights of Inheritance

They are subjects no one ever really wants to discuss: death and divorce. But when it comes to safeguarding an asset as valuable as a family co-op or condo,  those discussions become imperative, however uncomfortable they may be. Should the…

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Board Operations The Roles of Building Staff
2017 October The Roles of Building Staff

Supers, building managers, maintenance persons, custodial staff, groundskeeping personnel, porters, doormen, concierges—depending on the size of a community, the staff roster for a condo, co-op, or HOA can be pretty long. The truth is, in t…

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Board Operations Supporting Your Staff
2017 October Supporting Your Staff

Most people go about their days paying little attention to the labor performed by those who make their lives easier. From transit workers to service employees to government officials, how often does one stop to thank the people making every…

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Building Operations Board Transparency
2017 October Board Transparency

Community living – the very basis of co-op, condo and HOA life — is based on the idea of trust. In a community of potentially hundreds or thousands of residents, every resident can’t be involved in the making of every decision. Too many coo…

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Board Operations Problem Boards
2017 October Problem Boards

A condominium, cooperative, or homeowners’ association elects a board for a specific purpose: to manage the community’s day-to-day business, oversee special projects, and draft and uphold the rules and regulations that keep life orderly and…

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Energy Conservation Energy Equipment Upgrades
Energy Equipment Upgrades

Upgrading, retrofitting, or replacing building equipment and fixtures can be a tough sell -- sometimes it's hard to get residents to understand that money spent now can mean even more money saved later. In this quick clip, find out about te…

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Community Living Unneighborly Behavior
Unneighborly Behavior

In August, the New York Post reported that Eddie Wong, a resident of a luxury Greenwich Village co-op, was accused of  "watching a 30-year-old neighbor through her bedroom window after she got out of the shower." According to the story,…

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