Every month you break out the checkbook to pay your maintenance fees for your co-op. Naturally you expect that those fees go toward maintaining the upkeep of your residence. But for whatever reason, something goes wrong. It can be an infe…
An accident that involves a worker who injures him or herself while on the job at a building can spell legal and financial trouble for building owners and managing agents under New York's Labor Law. Three important sections from the law to …
While the residents of a condominium, cooperative or homeowner's association may stay fixed for years happily coexisting in a communal environment, there remains a revolving door of staffers, contractors and vendors servicing the property i…
Co-op and condo communities tend to cover all their bases when it comes to allowing someone new into their community. In most instances, applications and interviews are the norms. But you can’t exactly predict what someone will do in the fu…
As the weather and temperatures shift, so do pest populations. Knowing which critters to look out for (and get rid of) as the seasons change can help keep your building pest-free.
With the advent of benchmarking and retrofitting programs in New York City and throughout the nation, more condo and co-op properties are becoming knowledgeable about the latest energy technology and its associated cost-savings. They are re…
Management by definition is a process; a series of ongoing systems and controls put in place with a specific outcome in mind. The management needs and requirements of HOAs, co-ops and condominiums have helped define the overall property man…
There are plenty of people who think their jobs are difficult: politicians or professional football players, for example. Then there are those who know for certain their jobs are difficult. They’re called professional property managers. W…
The vast majority of co-op and condo residents are regular folks who wouldn’t dream of disrupting life in their building by being verbally abusive to the neighbors, blowing up board members’ phones and email inboxes with endless complaints …
Boards and managers have a lot on their plates but as these insurance pros point out, it pays to be aware of potential exposures that can cost your co-op or condo in the long run.