Category: Building Operations

Finance Estate Planning
2003 Dec/Jan Estate Planning

The death of a loved one not only brings grief and sorrow, but an agonizing pile of paperwork to tend to and affairs to get in order. For residents of New York City, it also means figuring out the fate of the deceased's co-op or condo apar…

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Finance The 80/20 Dilemma
2003 Dec/Jan The 80/20 Dilemma

Picture this: the mom-and-pop dry cleaner that has inhabited your building's ground floor retail space for years is moving out and a broker tells you that an upscale clothier wants the space for triple the rent. Or perhaps one of the many …

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Finance Flippin' Out
2003 Dec/Jan Flippin' Out

As buildings age, they inevitably need repairs and capital improvements - a boiler needs replacing, the façade needs repair, or the outdated lobby can use a facelift - to name a few. For cooperative buildings with healthy reserve funds, t…

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Finance Make-A-Wish
2003 Dec/Jan Make-A-Wish

The turning of a new year is always a time to reflect on the old one, make personal resolutions for the next 365 days, and maybe make some wishes. 2002 was a roller coaster year for New York real estate, charting spikes and lulls in activi…

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Maintenance The Goof-Proof Roof (and Balcony)
2002 Nov The Goof-Proof Roof (and Balcony)

Outdoor spaces like balconies, terraces, and roof decks can add a lot of charm and value to your building, as well as providing pleasant spots for residents and their families and guests to take the air and relax. It's just about now - as …

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Management Come Together
2002 Nov Come Together

For most co-op and condo owners, the question of whether or not their building's doorman or concierge or security guard is unionized is a non-issue - one that only comes up when lengthy contract negotiations loom on the horizon. The subtle…

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Maintenance Flying Solo
2002 Nov Flying Solo

So you've noticed your building's façade has lost its luster, or maybe the entryway needs a complete renovation. Before you rush out and hire the first contractor listed in the Yellow Pages, there are many aspects of repair and constructi…

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Maintenance Mind Your Marble and Master Your Metal
2002 Oct Mind Your Marble and Master Your Metal

Marble columns, iron grillwork, decorative cornices, brass details on doors; these are extra touches that make a building unique. When marble is polished and clean, ironwork and cornices free of rust, and brass buffed to an impeccable s…

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Finance It's Your Dime
2002 Oct It's Your Dime

As surely as kids dread the back-to-school season every fall, so too must co-op boards face the budget season. A building really has only one shot at establishing income for the whole next year, and while many of you may be far from nov…

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Design Throw Some Light On It
2002 Oct Throw Some Light On It

Everybody wants to show themselves and their home in the best light possible - literally. How you light a room gives it added definition and character, and enhances both the space's contents and its inhabitants. When it comes to interior…

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