We all hope for good neighbors when we move into a new building or community. The same is true for commercial properties in residential buildings. Making a good match, one that benefits both the commercial tenants and unit owners, can go a …
We all hope for good neighbors when we move into a new building or community. The same is true for commercial properties in residential buildings. Making a good match, one that benefits both the commercial tenants and unit owners, can go a …
Northeasterners are a tough breed, but even they have to deal with dark days and nights—and they need an action plan in case of a blackout. This was evidenced by the blackout of 2003. In August of that year, a series of power failures overl…
New York City condo owner John Doe lost his job and couldn’t pay his bills. Eventually, the bank foreclosed on the mortgage to his condominium apartment, and Joe was forced to move. On his way out the door, the disgruntled Mr. Doe—who alway…
In 1976, the American public became aware of a previously unrecognized disease, when 221 out of the more than 2,000 people who attended an American Legion convention in Philadelphia became sick with a form of atypical pneumonia that caused …
There is always work to be done on a building, whether it’s a simple lobby repair or a major capital improvement, but finding the right contractor for the job takes some work. If the vetting process is not done properly, the results could b…
Exteriors of buildings, including condo and HOA buildings, aren’t always smooth brick walls. There are all sorts of indentations and protrusions, from terraces to stonework to cornices. There are also items that are not part of the building…
Building amenities such as elevator systems are sometimes taken for granted. What goes up, after all, must come down, and vice versa, right? But elevators are not just for convenience and awkward silent moments, they also accommodate reside…
If you think about it, a multifamily building isn’t that much different than the human body. Both house important complex operating systems and organ-like pieces of vital equipment, both take in fuel and produce waste, and both require regu…
Q. “We live in a condominium development of 130 units. One investor own 48 of these units. He’s taken two seats on the board since 1986. No one votes for him, I suspect he always votes for himself and gets on the board. Can this be possib…
It only makes good business sense that if something goes wrong and needs fixing at a condo or co-op, the board or managing agent is going to do some due diligence to choose the correct contractor, and this is normally done by gathering bids…