It’s a truism that nothing lasts forever—and that includes management contracts. Shared interest communities change management companies all the time, and for a variety of reasons. Those reasons can range from cost to effectiveness and ever…

The question of who can or can’t serve on a co-op or condo board may seem obvious at first; you just have to live in the building and be willing to serve…right?  It might not be quite that simple. As with most questions regarding the funct…

In December of 2025, an amended RPAPL Section 881 went into effect with significant changes that clarify and streamline the process to procure access to adjoining properties to effectuate building repairs or improvements when a neighbor ref…

Q. I live in a 192 unit co-op in Brooklyn where the sponsor still owns about 20 units. The sponsor does not come to the annual meetings, but sends in proxies. The current board president, who was also on the ballot, uses the sponsor’s sha…

Q. How much influence does a co-op board have over which tenants a holder of unsold shares (HUS) can rent their units to? Can a board enact a bylaw requiring board review and approval of tenants, or set specific financial requirements the…

While climate change may have reduced the frequency of multi-foot snowfalls in the New York metro, when we do get dumped on, the precipitation tends to be heavier and icier than the fluffy drifts of decades past. With that shift comes conce…

From regulatory standards to liability risks to economic factors, navigating the insurance market is complex for property managers, building owners, and residents alike. Though pricing increases have slowed since 2021-22, premiums are still…

Having an in-house laundry facility is more than just an appealing amenity in multifamily communities—the ability to get this fundamental chore done without leaving their building offers residents accessibility, safety, and comfort. After l…

When a parking garage in lower Manhattan collapsed in 2023, killing one person and injuring several others, New York City was forced to confront the fact that many of its parking structures were old, overburdened, under-maintained, and stru…

January marks the beginning of a new chapter for the property management industry, and with it comes a fresh focus on technology, compliance, resident expectations, and serving client communities better than ever. Having adjusted to the cha…