Many multifamily owners view Local Law 97 as a costly compliance challenge — but when owners act strategically, it can be a major financial opportunity. By implementing the right energy and emissions strategies, buildings can meet LL97 stan…
With regulators and advocacy groups pushing for more transparency and fair housing compliance, co-op admissions remain under intense scrutiny. Boards must balance their discretion in approving applicants with avoiding discrimination and bia…
With markets in flux and many variables in play, individuals, associations and co-ops are understandably concerned about how to secure funding for major projects or to refinance an underlying mortgage. This presentation will explain the fac…
Q. I live in a small building/HOA, and our same board has been in place for over a decade. We hold annual elections as per our governing documents, but we can’t get anyone else in the building/association to serve, and none of us can step…
One of the elements of buying into a co-op community that makes the process very different from purchasing a condo unit or single-family home is what’s commonly referred to as the “board package”—the dossier of letters, statements, disclosu…
‘Tis the season for visitors, packages, and festive gatherings. Along with the good cheer, the end-of-year flurry of activity also highlights the challenges of keeping multifamily buildings and their residents safe and secure. In addition …
The proximity to neighbors that comes with living in a high-rise or townhome HOA can sometimes amplify situations that might seem less urgent in more spread-out communities. Along with things like noise and odors, residents’ behavior can al…
Securing residents’ property and personal safety has always been of primary concern for shared interest communities, be they high-rises, townhomes, or suburban HOAs. A generation ago, security technology was pretty much limited to human gua…
American families are facing a convergence of economic pressures that are redefining what it means to live comfortably. After years of elevated inflation, the cost of essentials, from housing and groceries to transportation and health care,…
We all know that technology is continuously evolving—sometimes faster than the physical and mechanical infrastructure around it. A glaring example of this is intercom systems. They’re standard fare in nearly every apartment building, from t…