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Board Operations Upholding Your Fiduciary Duty
2015 October Upholding Your Fiduciary Duty

Being on the board of a co-op or condo is a big responsibility—one that shouldn’t be taken lightly. While some people may run for a board seat just to have the title, they need to be prepared to govern fairly and make decisions that are in …

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Q&A Q&A: Are roommates in rentals illegal?
2015 September Q&A: Are roommates in rentals illegal?

Q  I received a letter, dated May 4, 2015, stating that I have an illegal tenant occupying my unit.  It stated that all unit owners must inform management about any tenants and provide proper paperwork, including names, phone numbers, and …

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Neighborhoods Roosevelt Island
2015 September Roosevelt Island

Named after the 32nd president Franklin Delano Roosevelt, Roosevelt Island is a narrow island sitting in the middle of New York City's East River. It lies between Manhattan Island to the west and the borough of Queens on Long Island to the …

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Board Operations Getting Your Foot in the Door
2015 September Getting Your Foot in the Door

Buying an apartment in New York can be a real odyssey—finding a place that fits your budget and other requirements, securing a mortgage, gathering reams of paperwork for the closing...all very stressful and tedious. But for those buying int…

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Board Operations Energy Saving Incentives
2015 September Energy Saving Incentives

Are you a building manager who wants to retrofit your building with energy-efficient lighting? Or maybe you're a board trying to re-do your central air conditioning system, but you don’t know if you have it in your budget? Thankfully, there…

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Board Operations Preventing and Eliminating Pests
2015 September Preventing and Eliminating Pests

It’s a common scene on a New York street. A woman dressed in head-to-toe black is walking down the street, chatting on her phone. A rat the size of a small cat appears from behind a garbage can and wanders right across the woman's path; her…

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Board Operations Bankrolling the Board
2015 September Bankrolling the Board

Co-op and condo board members are charged with the all-important responsibility to make critical policy decisions that ensure the building, the property, and their neighbors' interests are cared for and protected. It's a job that requires l…

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Management Creating Community
2015 September Creating Community

While high-rise residential buildings put many people and families in very close proximity to one another, living side-by-side doesn’t automatically turn a group of people into a community—sometimes it even has the opposite effect.  Lives …

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Law & Legislation Shut Up, New York!
2015 September Shut Up, New York!

During a recent news conference about noise pollution, Michael Horodniceanu—the Metropolitan Transportation Authority’s president of capital construction—had to shout in order to be heard while speaking at a Second Avenue construction proje…

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