Category: Management

 For the most part, human nature is fearful of change; people are more likely to  stick with what they have and what they know, rather than explore new  possibilities and take on unknown risks. That’s certainly the case with condo and co-o…

 In the typical suburban condo development, one must go to another location to  shop— maybe to the mini-mall, or the big box store down the road. But in New York  City co-ops and condos, stores are often found on the ground floor—supermark…

 Think about this: according to the United States Department of Labor, each year  nearly 2 million American workers report having been victims of workplace  violence. Fraud committed by employees cost American companies approximately  $20 …

New York City is a metropolis of 8.2 million residents, so it’s not surprising that it takes an awful lot of people in a lot of departments and organizations to keep the town’s government running smoothly. Some of those people (the mayor…

By and large, a board and management company can expect payment from residents for monthly fees to be received on time and in full. These all-important funds keep day-to-day operations moving forward without delay. There are situations,…

In an online forum, Sharon complains about her upstairs neighbor and begs for advice. Her neighbor had installed a washing machine in her unit, even though there was one already downstairs for the residents of her six-unit building to …

 Whether it is redesigning light fixtures in a common space or replacing a roof,  repair jobs and capital improvement projects are like death and taxes, they are  inevitable. Whereas a building administrator or a managing agent most often …

Managing a cooperative or condominium apartment building in New York would be a piece of cake… if weren’t for all those people. “The bricks and mortar is easy,” says Margie Russell, managing director of the New York Association…

Q Is it legal for the board to take the shareholders’ tax benefit credit every year without their consent, as a special assessment and a second assessment as well, within six months apart? I received the letter about this, contacted …

Q If there is damage to my roof and it leaks into my condominium unit and I reported it to the board three times with no repairs made, can I repair it myself and deduct the cost from my common charges? —Falling on Deaf Ears …