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Category: Building Operations

Management The Self-Management Option
2022 October The Self-Management Option

While many condominium associations and co-op corporations hire professional property managers or management firms to handle the routine (and not-so-routine) tasks involved in running a multifamily building or HOA, a significant number take…

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Maintenance Plumbing work theme. Hand with wrench tighten screw on pipe
2022 October Identifying & Dealing With Plumbing Issues

Indoor plumbing is a minor miracle: clean water on demand, at the temperature one chooses, right out of the tap. What would have been the height of luxury just a couple of generations ago is now considered a bare necessity. Miraculous as it…

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Management The Board-Management Relationship
2022 October The Board-Management Relationship

Achieving balance between board and management is vital in maintaining a healthy collective. For the resident of a condominium or cooperative, knowing which of the two pillars of the homeowning community to address for maintenance issues or…

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Finance Bag with dollar symbol and protection shield. Concept security of money, guaranteed deposits. Client rights protection. Compensation for losses in inflation, safeguarded investment capital.
2022 October Safeguarding Your Reserves

In our current environment of steeply rising costs, it’s more important than ever to safeguard your reserves to ensure that your association has sufficient funds available for immediate and future capital projects. Unfortunately, many assoc…

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Insurance Financial, Physical, & Operational Health
2022 October Financial, Physical, & Operational Health

In early 2020, our firm was hired to prepare a reserve study for an unremarkable 136-unit, 12-story condominium in south Florida. It was the kind of association you could drive right by without noticing, not much different from all the othe…

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Energy Conservation Carbon Neutral and ESG Concepts. Carbon Emission, Clean Energy. Globe Balancing between a Green leaf and CO2. Sustainable Resources, Big deal for Company and Indstry to Concern about Environmental
Carbon Studies

With the focus on climate change and how to fight it constantly sharpening, residential communities are seeking ways to reduce their contribution to the problem, commonly known as their carbon footprint. Carbon reduction is necessary both t…

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Maintenance cracked and bandaged piggy bank with one dollar bill inside it
Financial, Physical, & Operational Health

In early 2020, our firm was hired to prepare a reserve study for an unremarkable 136-unit, 12-story condominium in south Florida. It was the kind of association you could drive right by without noticing, not much different from all the othe…

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Finance The white seal and red imprint with text PAST DUE on white surface. 3D illustration
Collecting Delinquent Common Charges

A recent article on a real estate website posed a common question: What’s the best way for a condo board to collect unpaid common charges?  The author of the article - presumably an attorney - gave some pretty good advice…and some not so g…

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