For most boards, the fees charged by their management firms are just a fact of doing business. Aside from signing the initial contract, most board members probably do not give much thought to how those fees were initially determined, bey…
Many years ago, when I was living on the Upper West Side, a neighbor of mine was notified over his scratchy intercom system that a UPS carrier had a package for him. Without hesitation, he buzzed in the deliveryman and opened his fron…
A few years ago, a commercial aired that featured a hip-looking fellow plugging away at his laptop—checking his e-mail, surfing the Web, downloading music. What was different about this guy was that he was on the roof of a skyscraper, a…
It is essential that co-op and condo boards or management companies have an emergency plan in place for situations like fires, power blackouts, hostage situations, or terrorism. While good planning is a major factor in keeping residents …
Living in a co-op or condo building is a lot like living in a small town. When everyone abides by the rules, life flows along smoothly. If that stops, though, and one person disrupts the flow, those smooth waters turn rough and trouble c…
It’s official. According to an analysis of FBI data by the Associated Press, New York is the safest big city in the United States, with roughly one crime reported for every 37 residents per year. Not that this is surprising new…
Even though crime statistics are lower in New York City today than they have been in decades, the fact remains that in an urban metropolis such as this, crime is a reality. It only takes one break-in or personal assault to focus everyone…
In a real ad posted on craigslist, a popular website for free classified ads, someone is looking to rent out their 22nd Street apartment in Manhattan. It’s a 625-square-foot, one-bedroom apartment with a doorman, air-conditioning, laundr…
The transformation of New York City from one of the nation’s perceived most dangerous places to one of the safest, if not the safest, big cities in America is an old story by now, but it still continues to amaze both longtime New Yorkers…
A little over four years ago, the Sarbanes-Oxley Act (SOX) was signed into law. The most significant provision was Section 404, which requires corporations to conduct an annual assessment and report on the effectiveness of their internal…