Maintaining a residential cooperative or condo association does not come cheap. Shareholders and unit owners contribute regular maintenance payments, to be sure, but that only covers so much. What happens in the event of a rainy day? Well, …
Being a board member, manager, or maintenance staff member for a building or HOA obviously comes with numerous responsibilities. Chief among those is being ready and able to deal with risks, issues, and hazards that pose potential threats t…
As anyone with a smartphone, tablet, or laptop knows, technology makes life easier in countless ways. The management of co-op and condo properties is no different, with new digital tools emerging all the time to streamline, facilitate and i…
Take an architectural tour of just about any major U.S. city, and you’ll get a sense of how trends and tastes in building materials have changed over time. Limestone, brownstone, brick, and terracotta were the earthy materials of choice du…
Can you imagine living in a co-op or condo that doesn’t have a laundry room? These days, having on-site laundry facilities for residents isn’t an amenity – it’s a necessity, and keeping yours functional and well-maintained is just as import…
Everyone loves the turning of the seasons, what with leaves changing, snow falling, pools opening, and the like. But Mother Nature has little concern for the comfort of humans, so fluctuating temperatures bring the need for residential heat…
Whether because of convenience, the desire for autonomy, or a tight budget, some condo and HOA communities opt not to retain an outside management company or an agent to handle their respective day-to-day administrative and maintenance need…
We all know that 'greener' energy is better; it's cleaner, more sustainable, and often cheaper than more traditional sources -- but it can cost a pretty penny to install new, greener equipment, or to retrofit existing equipment to upgrade i…
Under the Façade Inspection and Safety Program (FISP), formerly referred to as Local Law 11, all New York City buildings six stories or higher must have their exterior façades (including balcony enclosures) inspected every five years. A rep…
Just a few months ago, according to various media reports, property manager Steven Dym of the Queens-based Gabriel Management Corp., was facing a lawsuit for allegedly taking approximately $22,000 from a client. The ultimate result from thi…