In addition to the obvious danger it poses to public safety, a deteriorating façade also represents a major liability for the building involved. If an incident is deemed to be the result of neglected maintenance, not only does the co-op cor…
Boilers are often referred to as the heart of a building’s infrastructure—they generate and regulate heat from a central system, keeping interior spaces functional and comfortable. Many pre-war NYC buildings were designed around their boile…
According to a recent press release from the National Housing Conference (NHC) President Trump signed the "Decreasing Housing Costs for the American People" executive order on October 22. The order aims to lower the costs of getting and kee…
For multifamily buildings and community associations, Halloween comes with a few important considerations to ensure that your property remains safe, welcoming, and compliant with regulations. Whether you’re decorating common areas or prepar…
Hybrid meetings have been shown to increase resident participation in the governance of their building or association. That’s a good thing—but mixed in-person/virtual meetings require some preparation and intentional planning beforehand to …
Apartment dwellers often assume their winter heating costs are dictated by their building's central boiler or individual electric meters—but that’s not entirely the case. While co-op and condo residents can’t just replace their windows or u…
When it comes to running effective annual community meetings, the battle is often won or lost before the meeting is even called to order. If the residents of a building or association are fundamentally satisfied with how their community is …
In the post-pandemic era, virtual and hybrid meetings are no longer considered a crisis situation workaround for boards and managers; they’re just how we conduct community business now. And across the board, that’s been a good thing. The ev…
With seasonal storms becoming both more frequent and more intense in the Northeast, the reality of urban flooding and the damage it causes to people and property is something board-management teams can’t afford to ignore. For those overseei…
Positive cash flow is vital for every co-op and condo community for paying bills and covering operating expenses—which is why boards must take it seriously when a shareholder or unit owner falls into arrears on their maintenance or common c…