When it comes to hiring professionals – either to do work on a property, or provide some sort of service for a co-op/condo/HOA community—it’s generally the property manager who solicits bids, goes over proposals, and cuts checks to pay for …
You work hard and try to put money away to be used for a rainy day —hoping of course that that ‘rainy day’ is a long-awaited trip to somewhere fabulous and tropical. Then, boom—the brakes on your car suddenly go, or one of the kids needs br…
Money, money, money. The world runs on it. And your building’s well-being depends on it. The issue is not just having funds, but managing them. Handling the purse for an entire building or HOA is a major responsibility, and boards -- even …
There are few feelings worse than encountering an unexpected expense and finding the piggy bank empty. That is why reserve funds and reserve studies are such important elements in the financial well-being of co-ops, condos, and homeowners’ …
Property management - or rather, effective property management - involves a great many moving parts and potential loose ends. Here, a trio of management professionals discuss how they keep it all straight, manage their time, and do their pa…
Residential sales prices for Brooklyn and Queens during the second quarter of 2017 set records over the same period a year ago, reflecting strong activity in those boroughs, according to Douglas Elliman in a new report released today. …
As we’ve recently seen in the news--from the Democratic National Committee email leaks about Bernie Sanders from last year’s presidential election, to the latest in the Trump-Russia brouhaha --emails aren’t always the safest and sec…
In any real estate market, purchasing that first home is a daunting proposition; it's often the biggest investment of the buyer's life up to that point. And with today's high cost of urban living, it's exponentially more intimidating. Jus…
Changing management companies is a big deal - but it doesn't necessarily have to represent a major upheaval. Knowing what documents and records to furnish to the incoming firm will help keep the process orderly and drama-free, and enable yo…
The Landmarks Preservation Commission (LPC) is an agency dedicated to retain the rich history of New York City, including its residential architecture. Boards of landmarked condominium or cooperative properties have a more strict set of rul…