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Management Traits of Effective Property Managers
2016 August Traits of Effective Property Managers

A cooperative, condominium or homeowner's association is more likely than not governed by a ragtag band of brave volunteers. Oftentimes, these folks have outside jobs that have little to do with maintaining a residential real estate propert…

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Board Operations So You Want to be a Board Member?
2016 August So You Want to be a Board Member?

"I wish someone had told me the nuances of trying to cultivate a community while also trying to manage a business,” said Pat Burke, the current president of the Fieldstondale co-op in the Riverdale section of the Bronx, when asked what he w…

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Insurance Insuring Amenities
2016 August Insuring Amenities

Like beauty, what constitutes an 'amenity'—particularly a 'luxury' amenity—may well be in the eye of the beholder. Young families may want indoor and outdoor play equipment, while professionals may appreciate a well-appointed gym, and senio…

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Insurance Workers' Compensation
2016 August Workers' Compensation

For over a century, states have had laws, rules and regulations in place to ensure that employees who are injured while performing their jobs are adequately taken care of. An uninsured employer that finds itself embroiled in a workers' comp…

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Insurance Evaluating Your Insurance Coverage
2016 August Evaluating Your Insurance Coverage

When  it comes to insurance coverage, whether for your health, your possessions, or your home itself, the question is not should you have insurance, but rather, what policy best meets your specific needs? The same question applies to collec…

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Insurance Insurance Products Boards Should Know About
Insurance Products Boards Should Know About

The insurance industry is like any other — it's constantly evolving, with new products and ideas coming to market all the time. To keep up with what's new — and what could be of use to you and your co-op or condo community — it's impo…

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Board Operations Going for Broke(r)
Going for Broke(r)

When looking to buy or sell a unit in a condominium or cooperative, the layman may be forgiven for feeling overwhelmed. In the cutthroat world of New York City real estate, stakes are high, and to expect anyone who is undergoing a move to b…

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Insurance What Is Title Insurance?
What Is Title Insurance?

Title insurance is unique among all other forms of insurance. For example, other insurances guard and secure the holder against future loss, such as life insurance against death; health insurance against illness; and car insurance against …

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Security This Ain't Your Mother's Security Camera
This Ain't Your Mother's Security Camera

In the old days of video surveillance, a closed-circuit TV system (CCTV) to monitor the doors and parking garage and lot used to be a grainy black-and-white mess. The footage would transmit to some subterranean bunker with a tiny TV so some…

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Board Operations Attracting New Board Members
Attracting New Board Members

Even the best boards can use a shot of 'new blood' now and again - for new ideas, fresh perspectives, and to give everyone in the community a chance to help govern it. But attracting new board members can be challenging. Listen to what a fe…

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