When you open your closet doors, are your clothes hung so haphazardously that you can't find your bright blue shirt? Does the pile of sweaters on the top shelf topple over when you pull one out? Are your shoes so scrambled on the floor th…
You don't have to be a gourmet cook to appreciate the value of a well-designed kitchen. Even if you and your loved ones subsist on take-out food and microwave dinners, the kitchen is still one of the most heavily used rooms in your co-op …
The financing of your co-op's underlying mortgage is one of the most significant factors in the fiscal integrity of your building. The size of the mortgage and corresponding monthly payments have a significant impact on the value of each …
In 1991, the American Institute of Certified Public Accountants (AICPA) issued its Guide to Audits of Common Interest Realty Associations, more commonly referred to as the CIRA Guidelines. Much controversy followed this event as professio…
In 1991, the American Institute of Certified Public Accountants (AICPA) issued its Guide to Audits of Common Interest Realty Associations, more commonly referred to as the CIRA Guidelines. Much controversy followed this event as professio…
emember when all your garbage was discarded into the refuse container, never to be seen again? The age of environmental awareness has not only forced the development of new ways to recycle refuse, but also new ways to dispose of it. Adapt…
Forget the dark, dingy room with uncomfortable chairs and crummy machines. Never mind running down to the laundry room with an armload of clothes to find that all the machines are in use. Those days are over. Imagine a laundry room that i…
One of the most important pieces of insurance coverage a co-op or condo building carries is its directors and officers (D & O) policy. This coverage protects the personal assets of board members from exposure in the event a lawsuit is fil…
At the Real Estate Board of New York's first residential convention last month, there was a sense of elation in the air. Not only was REBNY celebrating its 100th anniversary and the success of its new trade show, but there was a new sense…
Everyone agrees that a building's exterior and lobby make a lasting first impression. But have you ever noticed how many signs you pass between the curb and the apartment you are visiting? As we breeze through on our way upstairs, we barely…