Category: Building Operations

In New York, buying a co-op or a condo goes something like this: Your realtor takes you to see your dream home. You put in an offer—along with a bunch of other people. After a ferocious bidding war, your offer is finally accepted. You subm…

As the autumn leaves change and begin to fall, our thoughts invariably turn to the completion of the hurricane season and the arrival of winter. We are also reminded on an almost daily basis of the lasting results of Hurricane Sandy, or as…

Winston Churchill once said that “Attitude is a little thing that makes a big difference,” and that couldn’t be more apt for those who live in multifamily buildings. Co-op board members and managing agents sometimes complain that res…

If you own a co-op or a condo, it goes without saying that you want to make sure you get all the tax credits and abatements available to you. One of the most important of those is the New York State School Tax Relief Exemption—more commonl…

Ask any realtor what their customers are looking for in a condo or HOA and they will quickly point out the importance of the latest and greatest 21st Century technology as one of the top requests. Much like the inherent evolving nature of …

Every day, resident manager Peter Grech runs a building systems check, makes himself available for the residents to ask questions or let him know if there are any problems, and holds brief meetings with his handymen and other staff members…

This country was founded with a heavy dose of independence and a strong “Do-It-Yourself” attitude. The DIY mindset, with roots in Europe and European culture, crossed the Atlantic Ocean with the earliest immigrants and became part of the A…

The New York metropolitan area probably has more banks and other financial institutions than anyplace else in the country. This is after all the city where Wall Street is located. Go down any major shopping street and chances are you’ll se…

Nothing lasts forever, and though you can’t predict the moment a piece of building equipment will break down, you can prepare for it. Even the toughest boiler, HVAC unit, or elevator will eventually tucker out and need major repairs, or ju…

In a multifamily building with scores, possibly hundreds of people living under one roof, cooking, cleaning, dusting and breathing, it’s no surprise that the airways, chutes and garbage rooms of these buildings can get clogged and dirty ov…