Category: Management

While some co-op and condo communities have tried social media platforms like Facebook, Instagram, TikTok, or Twitter/X as ways to build community spirit and facilitate better communication between neighbors, management, and even the board,…

Among the many factors necessary for multifamily residential buildings to achieve financial stability, proper budget planning, compliance, and trust among shareholders, effective fee management is one of the most important. Understanding th…

The first day of work can be intimidating; there are new coworkers, new tasks, new routines, and lots of new names and faces to remember. Whether the new hire in question is a super, porter, custodian, or other on-site staff member, that ac…

The right property management team can make or break a building. While basic day-to-day maintenance and financial oversight often take priority when managing a multifamily property, comprehensive property management also includes building s…

Boards and managers in the tristate area and beyond know what a tall order it is to run a co-op, condo, or HOA; from structural maintenance to interpersonal communication and conflict resolution, the skills and strengths that make for effec…

Decarbonization requires considerable planning, with available funding playing a key role in determining the feasibility and prioritization of investments. While there’s no one size fits all approach, multifamily property owners will likely…

Homeownership is a long-term commitment for most. In the context of a multifamily community like a condo or co-op, it’s not unusual for many owners and shareholders in the building to have purchased their units around the same time in early…

In a multifamily building, residents who compulsively collect and hoard items - whether it be old newspapers and magazines, canned goods, pets, or even garbage - pose a threat to the safety and health of their neighbors, as well as a liabil…

Ahh, the pleasures of home ownership; a space to call your very own, to arrange and enjoy as you see fit, all while building equity. It’s a key component of the American Dream—but when the faucet leaks in your condo or co-op unit, there’s n…

Achieving balance between board and management is vital in maintaining a healthy collective. A community run by elected representatives requires a combination of experience and professionalism—and that support is frequently provided by a hi…