Man is but a flawed creature, cursed by his very nature to succumb to his own worst impulses. And one of those impulses might lead to criminal activity. Unfortunately, crime is an inevitability, even in a fairly secure condominium or cooper…
It used to be that when you wanted to get into your building or apartment, you would have to pull out your ring of numerous keys and flip through them until you find the one that opens the door. Fumbling through the ring for the right key m…
Even with proper risk management best practices, it’s impossible to completely avoid all types of insurance claims from happening. At heart, a claim is like any other business dealing—a negotiation. Your ability to convincingly argue your p…
Just as the ways in which we socialize have changed in recent years, so too have the spaces in which that socializing has traditionally been done. Common spaces and amenities in multifamily buildings and condo associations have evolved to s…
No matter what the size of their portfolio, a property manager must wear a great many professional hats: human resources pro, administrator, mediator, organizer, social director, project manager, sounding board—sometimes even therapist. I…
A cooperative, condominium or homeowner's association is more likely than not governed by a ragtag band of brave volunteers. Oftentimes, these folks have outside jobs that have little to do with maintaining a residential real estate propert…
Like beauty, what constitutes an 'amenity'—particularly a 'luxury' amenity—may well be in the eye of the beholder. Young families may want indoor and outdoor play equipment, while professionals may appreciate a well-appointed gym, and senio…
For over a century, states have had laws, rules and regulations in place to ensure that employees who are injured while performing their jobs are adequately taken care of. An uninsured employer that finds itself embroiled in a workers' comp…
When it comes to insurance coverage, whether for your health, your possessions, or your home itself, the question is not should you have insurance, but rather, what policy best meets your specific needs? The same question applies to collec…
The insurance industry is like any other — it's constantly evolving, with new products and ideas coming to market all the time. To keep up with what's new — and what could be of use to you and your co-op or condo community — it's impo…