With both real estate and rental prices rising quickly over the last two years, U.S. households that don’t currently own their home are facing a major affordability crunch. A new study by Roofstock adds some interesting data to the disc…
With the focus on climate change and how to fight it constantly sharpening, residential communities are seeking ways to reduce their contribution to the problem, commonly known as their carbon footprint. Carbon reduction is necessary both t…
In early 2020, our firm was hired to prepare a reserve study for an unremarkable 136-unit, 12-story condominium in south Florida. It was the kind of association you could drive right by without noticing, not much different from all the othe…
Gen Z is hitting adulthood at a difficult time. Defined as those born between 1997 and 2012, most Gen Zers today are firmly in early adulthood or in their teenage years. Finding footing at this stage of life is challenging enough on its own…
Whether you’re a manager or a board member, running a co-op or condo has never been an easy job. There’s always a capital project to fund, a contractor to hire, a dispute to resolve, a leak to repair...the list can feel endless. Add to all …
With safety and environmental regulations on the increase, co-op and condo communities in New York City face a growing slate of compliance work that must be completed in a timely manner in order to avoid fines and other costly penalties. Of…
A recent article on a real estate website posed a common question: What’s the best way for a condo board to collect unpaid common charges? The author of the article - presumably an attorney - gave some pretty good advice…and some not so g…
The job of managing a multifamily property is hectic, and often stressful - but it’s rarely (and blessedly) ever deadly. A tragic exception to that unfolded on August 22 in Atlanta, Georgia, when according to local news outlets a local cond…
Q. At what point do security cameras become a creepy form of police-state surveillance, and how is a community able to respond to prevent abuse of board authority on such things? Our co-op community on Long Island has had basic securit…
Saving the planet from the effects of climate change is an urgent—and gargantuan—task. It’s such a huge, global issue that the actions of individuals and small entities like co-op and condominium communities to help can seem pitifully inade…