Neighborhoods Woodside, Queens
2012 September Woodside, Queens

 Long known as a working class, Irish enclave tucked under the No. 7 subway line  in the western portion of Queens, Woodside is a neighborhood with a  multicultural flavor, affordable housing and an extremely convenient location.   …

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Board Operations How to Deal with Difficult Neighbors
2012 September How to Deal with Difficult Neighbors

 As an attorney and an apartment dweller, Michelle Freudenberger had seen it all  and more when it comes to living with difficult residents.    “I lived next door to twin toddlers whose parents were both attorneys,” says Michelle, w…

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Finance Flush with Cash
2012 September Flush with Cash

 In December 2008, the National Bureau of Economic Research announced that the  United States was in a recession that had started back in December 2007. The  official announcement was old news for most Americans.    As the dust cont…

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Finance Falling Behind
2012 September Falling Behind

Wait a second. You say you bought your apartment, but you don’t own it? Huh?” Explain the concept of the cooperative apartment —you buy shares of a corporation and then rent the apartment to yourself—to a homeowner outside of Ne…

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Management Managing Diverse Communities
2012 September Managing Diverse Communities

 New York is one of the most diverse cities on the face of the earth. Its huddled masses yearning to breathe free include immigrants from places  completely unlike the Big Apple: Kazakhstan, Zimbabwe, Uruguay—even North Dakota. There are m…

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Real Estate Trends The Exchange
2012 September The Exchange

 Anyone who lives in a city that is a popular tourist destination has likely  played host to a procession of family, friends, friends-of-family, and other  assorted houseguests over the years. It's something of a running joke in places  li…

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Management Trash Talk
2012 September Trash Talk

 Most people don’t think much about their garbage after they toss it down the chute or into a  container for pickup, but the fact is, removing a multifamily community's trash  and recyclables can be a big job, especially in a private devel…

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Management Under New Management
2012 September Under New Management

 For the most part, human nature is fearful of change; people are more likely to  stick with what they have and what they know, rather than explore new  possibilities and take on unknown risks. That’s certainly the case with condo and co-o…

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Board Operations Board Members for Life
2012 September Board Members for Life

 It is one of life’s eternal questions: is it possible to have too much of a good thing? That  question certainly can apply to the matter of long-serving board members: those  individuals who get elected and re-elected term after term and …

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