It may seem counterintuitive, but the person who wins a seat on their co-op or condo board is often not simply the most popular person to throw their hat into the ring. Before the votes are cast at the annual meeting, candidates eyeing boar…
It takes many vital components working in unison to enable a residential multifamily building to function effectively: a management team to help things run smoothly, committed, engaged board members who volunteer their time, and residents w…
For over 20 years now, co-op and condo board members, managers, and the professionals they depend on to keep their buildings running safely and smoothly have made the annual pilgrimage to the CooperatorEvents Expo—and this past March 4 was …
For over 20 years now, The CooperatorEvents New York Expo has been the most useful, informative annual trade event for co-op and condo board members, property managers, apartment building owners, and anyone involved in the governance an…
A condominium, cooperative, or homeowners’ association elects its board for a specific purpose: to manage the community’s day-to-day business, oversee special projects, and draft and uphold the rules and regulations that keep life orderly a…
What’s a board to do when a shareholder or unit owner consistently fails to hold up their end of the agreements—both spoken and unspoken—that underpin successful multifamily living, either through nonpayment of fees, or objectionable behavi…
Over the past several years, liability and excess liability insurance carriers have been exiting the New York marketplace. This trend has led to fewer options for securing proper coverage, and higher premiums for obtaining sufficient covera…
What is the role of a board president in a shared-interest community? Is he or she more like a CEO, an administrative custodian, or a figurehead? Depending on the community and the needs and expectations of its members, the answer could be …
As we enter the final quarter of 2024, the first Local Law 97 (LL97) submission period is quickly approaching for New York’s co-ops and condos, with the first annual emissions reports due in May of 2025. Under LL97, owners of buildings over…
Property owners and managers are no strangers to wearing many hats, but developing a plan for energy reduction and electrification could be unfamiliar territory to even seasoned residential pros. When time and resources are scarce, making…