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Category: Board Operations

Board Operations Lease Agreement Documents with Glasses, Pen and Calculator
Commercial Leases in Co-ops & Condos

The presence of commercial space in a shared interest building can be a blessing for the community - and it can also be a burden. It can bring in much needed additional income to help defray the cost of running the building - but at the sam…

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Board Operations Financial advisor on legacy planning concept. Inherit house or real estate from parents, passing an inheritance to children, father giving house, wealth or property to his children small hand
A Matter of Will

Benjamin Franklin famously said, “Nothing in this world is certain except death and taxes.” In the world of co-ops and condos, this truth is amplified. Along with the obvious impact on the deceased’s family and associates, the passing can a…

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Board Operations Residential multifamily modern buildings
2024 June Navigating Building Decarbonization

Multifamily buildings—both new and existing—face barriers to decarbonization amid competing demands and growing pressure from legislation, residents, and tenants. But there are opportunities to build value today, namely energy efficiency an…

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Board Operations Human resource manager looking at many different cv resume and choosing perfect person to hire. HR concept on virtual screen.
2024 May Assessing Buyer Applications

Groucho Marx once famously said, “I wouldn’t belong to any club that would have me as a member.” Not so for many in the world of co-ops, condos, and HOAs.  Shared communities often (if not usually) have an application process required for p…

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Board Operations The Headless HOA (or Co-op or Condo)
2024 May The Headless HOA (or Co-op or Condo)

This publication spends a lot of time exploring and explaining the duties and purpose of multifamily boards—the benefits and drawbacks of serving on them, and even the difficulty that many buildings and communities have with motivating owne…

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Board Operations Group of similar wooden tiny toy houses. Wooden models of buildings as conceptual images for real estate topics.
Just Like a Good Neighbor...

For many co-op and condominium buildings in New York, making necessary repairs under the City’s many local laws requires cooperation from neighboring - often physically adjacent - buildings. You may need access to your neighbor’s roof, or a…

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Board Operations Rules and regulations books with official instructions and directions of organization or team isolated on white background. 3d illustration
2023 May Updating Bylaws & House Rules

The governing documents of a cooperative, condominium, or homeowners association spell out the rules, regulations, and administrative policies that all residents and board members alike are obligated to follow as a condition of their reside…

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Board Operations Vector illustration of choice of worker or personnel. Recruitment concept. Сhoosing resume of new employees.
2023 May The Board Approval Process

Board approval has been part and parcel of buying into an NYC co-op since the housing model was introduced in the late 1800s. Boards can demand troves of personal information from buyers, and can approve or deny a purchase for just about an…

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