On The Board Term Limits for Board Members:
Term Limits for Board Members:

Term limits are often a hot issue at all levels of government. Does capping the tenure of an elected official clear the way for new ideas and re-energize governance, or does it cut off expertise and knowledge that can really only be acquire…

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Law & Legislation Legal Q & A
Legal Q & A

Q: I'm a member of my building's board. At a recent board meeting, the owner of our management company told the board that I fired the plumbing company. The owner of the plumbing company then asked for my name and phone number, and the mana…

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Finance A Day Late, a Dollar Short
A Day Late, a Dollar Short

In a world where the cost of services and goods are generally rising, even in the absence of any substantive inflation, co-op and condominium boards and management are always looking for ways to hold the line on increasing monthly costs.  T…

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Real Estate Trends Iconic Partnership Comes to NoMad
Iconic Partnership Comes to NoMad

Two New York icons will be partnering at new luxury condominium Rose Hill. Developer Rockefeller Group announces via a press release that the 45-story tower—currently finishing construction at 30 East 29th Street—will include a residents’ l…

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Q&A Q&A: Assessments Collection
2021 May Q&A: Assessments Collection

Q. In addition to our monthly $942 common charges, the board of our condominium complex has been collecting an additional $257 assessment each month since August 2018 in anticipation of future repair work, and to replenish our underfunded…

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Design Using Color to Create Mood & Make a Statement
2021 May Using Color to Create Mood & Make a Statement

Design is what makes the difference between a space looking like a seductive boudoir… or the interior of a cardboard box. Neither may be appropriate for a co-op or condo lobby, but somewhere in between lies the comforting, welcoming common …

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