Matters of finance are difficult enough without the added stress of worrying about whether that deal you thought might be too good to be true is—in fact—too good to be true. With the onset of the recession and the revelations surrounding l…

Think back to when you were younger and got your first job. You worked your hours—perhaps flipping burgers, taking orders or cutting the grass—and then earned your first paycheck. You went to the bank, signed the back and had it cashed and…

As we hopefully move into warmer weather, lucky New Yorkers living in condos or co-ops with pools can spend all day tanning and swimming in the indoor or rooftop pools housed in their buildings. A swimming pool is a rare and valuable…

Condos and HOA communities can be a great setting to own a home, enjoy privacy and the comforts of your own personal space. But, there will always be tension between the desire to make your unit your own, and adhering to the rules of the c…

Many suburban homeowners have dreams of that legendary white picket fence, but those who live in the city can also definitely appreciate the importance of demarcating their property. Many condos and co-ops around the five boroughs have fen…

Patches of green, living things are pretty rare in the city. Outside of Central and Prospect Parks, New Yorkers don’t generally get a lot of leafy goodness in their lives—not all of us have a key to Gramercy Park, after all. Some co-op and…

In a city known for its expanses of steel and concrete, despite that giant expanse of parkland at its center, it can be easy to forget the importance that greenery plays in the life of New Yorkers. For many co-op and condo residents, the f…

Q My family is a shareholder of one of eight apartments in a small Brooklyn co-op. The apartment directly above ours was sublet to a family in 1997 that signed an agreement specified by the board of directors requiring the apartment to ha…

The only thing more aggravating than having a pipe burst in your co-op in the middle of the night may be the question of "Who is responsible for the repair?" The proprietary lease generally governs who is responsible, and different leases …

Managing risk is one of the most important things you can do to maintain the viability of a business, and what many board members sometimes forget is that their association is just that, a business. Risk management—the process of identifyi…