Category: Building Operations

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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Management Safety and Security
2018 April Safety and Security

Education, awareness, and cooperation between management, boards, and residents can make a huge difference in deterring crime in and around a building. Some basic behavioral adjustments – such as making sure nobody follows you into the buil…

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Maintenance Exterior Cleaning
2018 April Exterior Cleaning

Cities and suburbs can be dirty places – and unfortunately, getting that dirt off the façade of a building takes more than just a scrub-brush and a bottle of Mr. Clean. How a building is cleaned depends on two factors: what materials the bu…

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