If you live in a condominium, cooperative or HOA, you’re effectively acting as part of a participatory democracy governed by an elected group of volunteers. And, as with any democracy, those affected by the board’s decisions are encouraged …
The unique charm of historic properties—both inside and out—is a key draw for many co-op and condo buyers. Exterior ornamentation, ornate brickwork and moldings, inlaid flooring and other vintage features create exactly the kind of ambience…
Windows give us the ability to enjoy pleasant views, provide natural light, insulation, and ventilation, and add to a building’s overall aesthetic. When regularly cleaned and properly maintained, they improve energy efficiency, easing the b…
Capital projects like major facade work, window replacements, and essential system overhauls can significantly disrupt daily life for the people who call a co-op or condo building home. Engineers, general contractors, and construction compa…
Wherever large groups of humans live in close proximity to each other and share common spaces, there will inevitably be messes; tracked-in dirt and grime, spills, stains, smudges and bits of random debris. All of this is usually pretty rout…
One of the certainties of living in a co-op, condo, or HOA is that despite all having an equal stake in the financial and administrative success of the building or association, only a small percentage of residents choose to take an active r…
The term ‘diversity’ encompasses an expansive range of demographics within a population, from ethnicity, age, gender and orientation, ability, religion, and socioeconomic status to culture, language, and personal lived experience. These fac…
Author and former presidential speechwriter James Humes once said, “The art of communication is the language of leadership.” In multifamily communities, transparent and open communication helps ensure smooth operations and leads to greater …
Amid rising mortgage rates and increased financial pressure on American households, one subset of homeowners stands out: those who have fully paid off their homes. A new study from consulting firm Construction Coverage examines mortgage p…
Positive cash flow is the lifeblood of any multifamily residential community, be it a rental building, co-op, condo, or HOA. However, because the latter three are nonprofit entities, maintaining consistent cash flow is even more critical to…