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Category: Building Operations

Finance Paying off Underlying Mortgages
Paying off Underlying Mortgages

In the hybrid part-owner/part-tenant world of co-op living, there exists an interesting and unique financial instrument: the underlying permanent mortgage . Part of the overall financing structure for any co-op, the underlying mortgage …

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Energy Conservation Pre-Winter Maintenance
Pre-Winter Maintenance

Climate change notwithstanding, the onset of winter in our area generally means more wear-and-tear on buildings than any other time of year. Snow, ice and freezing temperatures can cause costly damage. That's why it's so important to make s…

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Design Built-In Apartment Features
Built-In Apartment Features

When it comes to co-op or condo, home improvements are a personal thing, reflecting the style and taste of the owner, and impacting the functionality of the unit. A prime example of this are built-ins; those personalized furnishings that pr…

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Management Engaging a Fitness Center Company
Engaging a Fitness Center Company

In-house gyms and fitness centers are some of the most popular amenities a co-op, condo, or HOA can offer residents and prospective buyers -- but just plunking down a treadmill and some barbells in a common room doesn't exactly qualify. In …

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Security The Top 3 Security-Related Mistakes
The Top 3 Security-Related Mistakes

Securing the safety of residents and their personal property is one of a condo, co-op, or HOA board's most important duties. In this clip, two security pros reveal the biggest blunders they see board-management teams make, and give some ins…

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Management Common Board Blunders
Common Board Blunders

Professionals who work with co-op, condo, and HOA boards see a lot - and over the course of their careers, accumulate wisdom that client communities both current and future can benefit from. In this clip, a quartet of management pros discus…

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