Board Operations Scaling Back on Budgets and Plans
2009 Oct Scaling Back on Budgets and Plans

 It’s no secret that in this economic climate, everyone is trying to find a way to  save money. For the city’s co-op and condo communities, this has meant a great deal of scaling back on  budgets, cutting some projects and reshuffling plan…

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Board Operations Ultra-small Co-op & Condo Communities
2009 Oct Ultra-small Co-op & Condo Communities

Sometimes, living in one of those enormous, labyrinthine co-op or condo buildings can make a resident feel like one among the many, indistinguishable from any other. While many people prefer the anonymity of a large building, others se…

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Board Operations Cultivating an Owner's Mentality
2009 Oct Cultivating an Owner's Mentality

Talk to enough property managers and board members, and eventually you’ll hear the phrase “owner’s mentality” mentioned in reference to co-op and condo dwellers. Usually the phrase is uttered by way of a complaint, as in, “Our residents …

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Board Operations The Good, the Bad and the Ugly
2009 Oct The Good, the Bad and the Ugly

Here’s the scenario: the sponsor of your co-op, who owns enough units to throw his weight around, hires a managing agent who plays fast and loose with the municipal tax codes. So much so in fact, that he winds up in jail—and your buildi…

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