Category: Building Operations

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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Energy Conservation Hand drawing Reduce - Reuse - Recycle symbol with green nature background.
2022 September Recycle, Reuse, Reduce

Saving the planet from the effects of climate change is an urgent—and gargantuan—task. It’s such a huge, global issue that the actions of individuals and small entities like co-op and condominium communities to help can seem pitifully inade…

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Management Venn Diagram of knowledge, skill and competency to explain the intersection of Training.
2022 September Continuing Education for Managers

While practical experience may be the best source of education for property managers, a little refresher in the classroom from time to time never hurts. Requirements for continuing property manager education vary from state to state, and ev…

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Finance Five small wooden buildings with coins floating away from rooftops
Mid-Year Maintenance Increases?

Like baseball players, condo and co-op owners are often creatures of habit. Settled into their units, they’re used to costs rising over time, but on a regular and predictable basis.  That means once a year - usually in January - and by a co…

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Maintenance Old italian brick wall with damaged bricks - Concept image seen through a magnifying glass.
2022 August Façade Problems & SWARMP Certification

In an ideal world, every New York City building owner, manager, condominium association, and co-op board issued a Safe with a Repair and Maintenance Program (SWARMP) notice for exterior defects during their previous Façade Inspection and Sa…

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Management The Winner Is... placard with bokeh background
2022 August Who’s a Good Board?

The 347,000 planned communities in the United States—a number that includes cooperatives, condominiums, and homeowners associations—are generally governed by volunteer members of the building or community elected by their fellow unit owners…

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