Category: Building Operations

Maintenance Balcony Enclosures: An Update
Balcony Enclosures: An Update

Perhaps the most prized amenity in a New York City home is private outdoor space.  Brownstones may offer a garden, a roof deck, or a small terrace. Pre-war buildings have coveted wrap-around penthouses, and post-war high-rise buildings oft…

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Design Residential  Architecture Trends
2018 May Residential Architecture Trends

Through the ages, architecture and design have been symbols of evolution and change within societies. From the grandeur of the ancient world, to the Baroque and Romanesque masterpieces of the late Renaissance, and to the towering fancies of…

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Design The Value of Redecorating
2018 May The Value of Redecorating

There are plenty of reasons why a condominium, co-op or homeowners’ association might see fit to spruce up its common areas. Dated décor, seasonal inspiration, excess cash on-hand, or just sheer boredom with the current look all come to min…

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Design Managing Interior Projects
2018 May Managing Interior Projects

Sometimes, even with the best of intentions, things go wrong. When it comes to a design project in a multifamily building, be it a lobby renovation, a roof deck build-out, or repainting the common hallways, the ‘wrong’ part can involve anyt…

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Security Perceived Security Needs vs. Real Ones
Perceived Security Needs vs. Real Ones

While a board - or their constituent homeowners - may feel their community needs to employ all the latest gadgets and technology to secure their property and safety, the fact is, it's a rare community that truly needs biometric retinal scan…

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Finance Underlying Permanent Mortgages
2018 April Underlying Permanent Mortgages

One of the components that makes co-op ownership unique is its financing structure. Unlike a condominium, the property is owned as a whole, fee-simple estate – and so the entire property can be encumbered by a permanent, long-term loan. Thi…

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Management Security Assessments
2018 April Security Assessments

Overall crime in the 30 largest cities of the U.S. was estimated to be down nearly 3 percent in 2017, according to a recent study by  New York University School of Law’s Brennan Center for Justice. For New York in particular, the crime rate…

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Management Aesthetic Conflicts
2018 April Aesthetic Conflicts

Attractiveness and so-called ‘curb appeal’ are both vital to a building or HOA’s sense of community pride and overall value. After all, it’s hard to attract prospective homebuyers if your association’s grounds are scattered with litter, the…

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Management Managing Distressed Properties
2018 April Managing Distressed Properties

While many of the co-ops, condos, and HOAs that struggled to stay solvent during the Great Recession of the mid-aughts have largely recovered, the truth is that regardless of the overall economic climate, there will always be buildings and …

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