Like most business corporations, co-ops rely on a board of directors to oversee operations and make decisions for the benefit of all shareholders. What makes a co-op's board unique is that itsmembers are responsible not only for the corpora…

There is some good news for cooperatives and condo-miniums that feel they have suffered because of the alleged bribery, extortion, kickbacks and other corrupt acts of some real estate managers and management companies. Insurance may cover…

If you've been apartment shopping, you may think you know everything there is to know about the unit you've got your eye on. The price is right, the space is in excellent shape and there's room to spare. Generally, you get a good feeling …

If winter's here, can spring be far behind? This old adage is particularly meaningful in relation to the annual ritual which takes place among cooperative housing corporations each spring: The Annual Shareholders Meeting. Even though the gr…

If there's a garage in your build-ing, chances are it's not being used to its fullest potential. Security cameras and gates, welcoming signs, and preferred treatment for residents are a few of the enhancements that can help improve your b…

One of the most distressing issues confronting board members is how to comply with their fiduciary duty to shareholders and unit owners. Although misconceptions abound as to the precise nature and scope of this obligation, a breach of the f…

The results of a recent study conducted by digital real estate marketplace HomeAdvisor reveal that Americans relate to and interact with their neighbors very differently today than in decades past.  According to the company’s report based …

Following the tragic partial collapse of Champlain Tower South in Surfside, Florida in June 2021, the Community Associations Institute (CAI) convened a trio of task forces to explore laws and best practices for the community association…

This fall, several massive storms struck the United States in rapid succession. Hurricane Ida cut a huge swath of damage from the Louisiana coast to New England. Record flooding, tornados, and sustained high winds damaged property in profou…