Achieving balance between board and management is vital in maintaining a healthy collective. A community run by elected representatives requires a combination of experience and professionalism—and that support is frequently provided by a hi…
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Achieving balance between board and management is vital in maintaining a healthy collective. A community run by elected representatives requires a combination of experience and professionalism—and that support is frequently provided by a hi…
If you live in, work in, or provide services for a co-op, condo, or HOA, you know that however harmonious a building or association is in general, there is often that one person—or perhaps more than one—who throws a wrench in the works. It …
CooperatorNews has been reporting on matters related to multifamily living, governance, and operations for the better part of four decades, expanding from the New York City metro area to various east coast, midwest, and western markets alon…
Multifamily buildings—both new and existing—face barriers to decarbonization amid competing demands and growing pressure from legislation, residents, and tenants. But there are opportunities to build value today, namely energy efficiency an…
There’s an old joke about business partners on the outs. The punchline is something like, “my lawyer is bigger than your lawyer!” Punchlines aside, though, who can you sue, when, and for what? In our litigious society, the short answer is n…
Among the more mundane—yet vitally important—amenities in nearly every multifamily community is its mailbox and package delivery system. With the massive increase in deliveries in the Amazon Era, and especially post-pandemic, the design and…
When someone buys a private single-family home, it’s clear who the king or queen of the castle is: the homeowner. When it comes to condominiums and co-op apartments, however, the relationship between resident and property is a little more c…
When my grandfather came to New York City from Hungary in 1924 he lived in a rooming house on East 78th Street on the then not-very-fashionable Upper East Side of Manhattan. When temperatures soared in the summer, the family slept on the fi…
According to the Foundation for Community Association Research’s Community Association Fact Book 2023, 30% of the U.S. population currently resides in a condominium community, housing cooperative, or homeowners association, with numbers of …
Bill McBride notes in his CalculatedRisk newsletter that U.S. Census Bureau data that privately-owned housing starts reached a seasonally adjusted annual rate of 1,360,000 in April, a 5.7% increase from March’s revised estimate of 1,28…