While it's pretty much impossible for a co-op or condo board or employee to commit fraud on the scale of a Bernie Madoff or any one of the herd of shysters who have tromped through the news in recent years, building boards and managers cert…
The majority of co-op and condo residents pay their monthly maintenance fees on time and in full with no problem. The recent recession, however, changed the picture drastically for residents who found themselves laid off, under-employed, or…
The first of the month rolls around and it’s time to pay the bills that keep your building operational. Repairs might need to be made, staff salaries paid, maintenance done to keep all the common elements running, and supplies reordered. Th…
A hotel is often viewed as simply a weigh station; a temporary rest stop for the active wanderer. Thus there has always been something fascinating about those who take up permanent residence therein, whether they be Tennessee Williams, Bob …
For those who live in multifamily residential buildings, the scenario is all too familiar: a neighbor lights up a cigarette inside their unit, and the smoke travels through the hallway and finds its way into neighboring residents’ homes. So…
Industry professionals talk about capital planning and budgeting for your community.
If you're ever outdoors during the summertime, you know that those darn mosquitoes are unavoidable, whether you're sitting on your patio or picnicking in the park. The most common solution is either swatting the pesky creatures away from yo…
For the last decade or so, newly constructed residential buildings have featured all kinds of novel amenities, from simple but unexpected to the opulent and extravagant — and it shows no signs of slowing down. “ There’s an amenities …
A panel of emergency preparedness experts from emergency management to officials with the NYPD and SEIU Local 32BJ told a roomful of board members and managers the urgency of preparing residents and building staff for events ranging from te…
With the glut of new condo construction over the last few years, it can be hard for older buildings to keep up with the newer construction. This is especially true when a lot of these new buildings have amenities that the older buildings co…