Whether you serve on a co-op or condo board, manage residential properties, or own an apartment building in New York City, you're constantly balancing rising costs, capital projects, Local Law compliance, and resident concerns. Finding reli…
Online resident portals have revolutionized how co-op and condo communities interact with their building staff and management. Monthly fees can be auto-paid, maintenance requests can be made online and tracked in real time, and important bu…
While the fundamental mission of the professional property manager has always been to help client communities run smoothly, efficiently, and in compliance with the law, a whole lot has changed since the days when property managers went to w…
When it comes to running effective annual community meetings, the battle is often won or lost before the meeting is even called to order. If the residents of a building or association are fundamentally satisfied with how their community is …
In the post-pandemic era, virtual and hybrid meetings are no longer considered a crisis situation workaround for boards and managers; they’re just how we conduct community business now. And across the board, that’s been a good thing. The ev…
The Atlantic hurricane season runs from June through November, with storm activity intensifying in late summer, peaking around mid-September. And while the National Oceanic and Atmospheric Administration (NOAA) has predicted a calmer-than-u…
If your board, manager, or social committee wants to make the most of “patio season” with some fun, out-of-the-ordinary programming for your residents, it’s high time to start planning. BBQs and pool parties are perennial favorites of cour…
With construction costs rising and a dense framework of municipal mandates to navigate, the fiduciary duty of co-op and condo boards has evolved over the last few decades from general oversight to a complex exercise in long-term financial p…
New York City co-op and condo boards are facing a more complex, regulated, and expensive property management landscape. Rising operating costs, evolving local laws, insurance challenges, and residents’ expectations mean that “business as us…
It’s a truism that nothing lasts forever—and that includes management contracts. Shared interest communities change management companies all the time, and for a variety of reasons. Those reasons can range from cost to effectiveness and ever…