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Category: Management

Management Managing in the Economic Downturn
2011 January Managing in the Economic Downturn

Job losses. Bankruptcies. Foreclosures. These are tough times for everyone, but when homeowners fall on hard times, they are often late paying their condo or co-op fees. Some can’t even afford to pay them at all. Add in contractors and …

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Management Hitting the Books
2011 January Hitting the Books

These are hardly the best of times for those who manage co-op and condo buildings, charged as they are with overseeing financial well-being, maintenance goals, legal issues and an almost unpredictable kaleidoscope of other daily concer…

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Management Here Comes Trouble
2010 September Here Comes Trouble

The vast majority of co-op and condo residents are normal folks who wouldn't dream of disrupting life in their building by being verbally abusive to neighbors, blowing up board members' phones and e-mail inboxes with endless complaints…

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Management Compassionate Management
2010 April Compassionate Management

Home may be where the heart is, but these days, it’s also the source of enormous anxiety and concern for a great many co-op and condo owners. With the economy mired in recession and unemployment still hovering near the 10 percent mark, …

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Management Combining Apartments
2010 Feb Combining Apartments

 I often go up to Washington Heights, an area where I lived many years ago, just  to walk around. On one recent trip, I decided to take a look into the lobby of  my old apartment building on Cabrini Boulevard to see if there had been any  …

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Management Estate Planning
2010 Jan Estate Planning

Planning for what happens to your estate upon your death is never a pleasant chore, but if you own property of any kind, that planning is an vital responsibility. While there are many aspects and legal mechanisms that can be considered…

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Management Do Good Fences Make Good Neighbors?
2010 Jan Do Good Fences Make Good Neighbors?

 With land so developed, it is sometimes impossible for New York City property  owners to build, repair or improve their own property without accessing their  neighbor’s. But if your neighbor is unwilling to grant you access, what is your …

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Management Pet Problems
2010 Jan Pet Problems

 Just take a walk around the streets and parks of the city, and it’s easy to see that New Yorkers love their pets. But not everyone loves animals,  of course—and this can be problematic when it comes to a board deciding if pets should be  …

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Management Federal Stimulus Helps Housing
2010 Jan Federal Stimulus Helps Housing

In early 2009, at the urging of President Barack Obama, Congress passed the American Recovery and Reinvestment Act (ARRA) with a view toward easing the blow dealt to the economy by what some are calling the Great Recession. The ARRA ha…

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Management Document checking, agreement or contract validation, financial or budget analysis, search for document files concept, businessman manager holding big magnifying glass checking document paper.
2010 Jan Fraud Detection for Co-ops and Condos

Criminals like Bernard Madoff and other so-called “white collar” lawbreakers have made headlines recently with their financial double-dealings, but unfortunately, fiscal mismanagement and fraud also happen in co-op and condo communities…

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