Q. Is it illegal for a cooperative board to decide not to hold an annual shareholder meeting? If a co-op board does not meet, what rights is a shareholder entitled to?                                         — Waiting to Meet  A. Marg…

There’s no such thing as too much education—and that’s especially true in the realm of multifamily property management. Keeping one’s skills sharp and knowledge base both broad and current is a must for all management professionals, regardl…

Reducing energy waste and saving money go hand in hand. In addition to helping the planet, using energy more efficiently can save time, lower bills, and improve daily life. In fact, according to a joint report by the American Council for an…

Everyone wants to be comfortable in their home, but as every resident knows, that comfort comes at a price. Boards and managers know this too; with rising energy costs, climate change-related weather fluctuations, and looming fines on the h…

As the climate crisis has worsened, governments at the federal, state, and local level have made attempts to legislate solutions. While necessary, that three-pronged approach can often make compliance a complicated process for multifamily b…

With the recent passage of legislation extending key provisions of the Tax Cuts and Jobs Act (TCJA), the debate over who benefits most from the U.S. tax code has once again come into focus. Originally passed in 2017, the TCJA lowered indivi…

The National Housing Conference (NHC)’s Paycheck to Paycheck database is a free tool illustrating "the ability – or lack thereof – of working families to purchase or rent a home in metropolitan areas across the country by comparing wage…

One of the most common—and most daunting—projects undertaken in shared-interest, multifamily communities is facade repair and maintenance. In New York, façade work is almost always connected with Local Law 11 (LL11) compliance, and is a mat…

For recent college graduates, where you live after school can shape your financial future as much as your major, or your first job. With the class of 2025 entering a job market marked by tighter white-collar competition, AI encroaching on e…

A recent item in the Wall Street Journal highlights the potentially dire situation facing residents of Carnegie House, a 324-unit brick co-op building on what’s now called ‘Billionaire’s Row’ in Midtown Manhattan just south of Centr…