Every year the cycle repeats itself in co-ops and condo communities in New York City: as temperatures drop and snow begins to swirl, flocks of empty nesters and others fortunate enough to own a second home in a warmer climate pack up and h…
Freelance photographer Jocelyn A. lives in a charming, post-war brick townhouse community of over 1,600 units and a $3 million annual budget. She receives a monthly newsletter with over 20 pages of everything to keep residents informed,…
Being on a board of a condo or co-op is no picnic. There are tons of decisions to be made, disputes to settle, finances to keep track of and a chance of being sued for a slip-up. So why do so many people decide to serve on a board—some …
Most co-op and condo residents have taken part in at least a few annual board elections, and perhaps, they’ve even served on committees, or volunteered on behalf of their building in some other capacity. But those who’ve never taken a s…
While a lot of the day-to-day business of running a co-op or condo building happens in the management office or on-site at the level of maintenance and staff management, meetings—board-only and resident alike—are the forum where importa…
There are a number of things that make shareholders unhappy in a co-op or condo, but chief among the complaints is when the board just doesn’t seem to hear their concerns or doesn’t do its duty to keep shareholders informed of board meet…
A key to success and functionality in any relationship is clear, consistent communication. In a residential community, part of achieving functionality is managing the information in the governing documents and records which detail the …
Back in the late 1800’s, an army officer named Henry Martyn Robert wrote a distillation of Parliamentary Procedure (which was used by the American Congress at the time), to help people run smooth and effective meetings, whether it be a …
Read any of the major business publications or websites and you’re bound to find articles on the importance of delegating. It’s one of the most fundamental skills for a successful business owner to have. A simple Internet search finds sc…