When you’re decorating your home, there are two things you want to bear in mind if you have children. You want to keep the design functional, but safe. After all, anyone who’s ever had, or just looked after, a baby or toddler, can tell …
The main source of any co-op or condo building’s revenue comes from maintenance charges. That seems self-evident. But sometimes a building or development may suddenly need to undergo emergency repairs or fund large capital impr…
Birds in flight may be beautiful, but their departure sometimes leaves the nest unprotected. And when that nest is in a condominium or cooperative community, property managers and boards must do their best to compensate. This …
What happens at a co-op or condo community’s annual meeting should be strictly business, though these gatherings also can be a place where resident shareholders and unit owners kvetch about their concerns regarding the building or commu…
Regardless of whether they’re self-managed or employ a management company, a co-op or condominium board of directors will at some point have to make decisions about how and from whom the building gets its supplies and services. …
This in an anxious time in which to sit on the board of directors. With defaults and foreclosures accounting for some 20 percent or more of the units at some condominiums, frustration among board and association members is off the char…
The relationship between boards and management is, by its very nature, a deep and complex one. The two sides rely upon one another to ensure the smooth oversight of their co-op and condo communities. Both are dedicated to doing everyth…
From attorneys to contractors, every building has a list of various professionals to work with to keep things running smoothly. One of the most important of these professionals is the building’s accountant. One wrong calculation or miss…
Tucked away in the northernmost top of Brooklyn, Greenpoint is a historic New York neighborhood bordered on the southwest by Williamsburg at the Bushwick inlet, on the southeast by the Brooklyn-Queens Expressway and East Williamsburg, …
Most of the multifamily, residential buildings found in large cities are either co-ops or condos, and most are run the way co-ops and condos across the country are run. But if you dig a little deeper in here in New York City, you’ll fin…