Every board is as different as the communities they serve; what works for a luxury high-rise on Park Avenue might not be such a good fit for a garden co-op in Queens, and vice versa. But no matter what kind of co-op or condo you call home, there are a few traits that all solid, successful boards share. In this clip, management pros outline a few of those traits, and explain why they're so crucial.
What Traits Characterize the Best Functioning Boards? (Hint: It's Communication!)
What do the best co-op and condo boards have in common? Three pros weigh in on the million-dollar question.
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