The boards of some co-op and condo buildings pride themselves on not raising their monthly maintenance fees for years at a time. At first glance, this might seem like a good thing—after all, low fees are appreciated by residents and can…
The phrase “jack of all trades” could have been coined simply to describe the profession of residential property manager. To succeed in this fast-paced business, a property manager has to master a wealth of information and skills. More i…
Living in a community sometimes requires a bit of flexibility, and that’s especially true when a large construction project is happening. Usually, whether it’s a facade restoration, lobby redesign, or a heating/ventilation upgrade, most …
With new and luxurious condos going up all the time across the city, management companies are champing at the bit to become the first managing agent for these often high-profile, upscale properties. If it’s a choice between managing a ne…
Providing creative ways to show your residents that you appreciate their loyalty will prove to be a wise investment that will help increase resident retention and pay dividends in both public and owner relations. There are m…
It's easy enough to find a property manager —just flip open the Yellow Pages and you'll see dozens. That doesn't mean it's easy to choose one, however. Your managing agent is a fundamental member of your association's operating team, and…
When a long-time renter purchases a co-op or a condo apartment, the move is perceived as a step up. No longer are you just shelling out rent every month—you're building equity, investing in your own security. Regardless of whether your n…
When a townhouse exploded on Manhattan's Upper East Side last summer, New Yorkers ran terror-stricken into the streets. As smoke billowed from the wreckage, no one knew what had caused the explosion, or how many people had been hurt. Just t…
One of the major initiatives which will soon benefit New York City’s co-op and condominium landscape is the ongoing effort to certify the resident managers and superintendents that live and work in city housing. It’s time to dust off A…
Even the best-run buildings have their bad days, and minor (sometimes not-so-minor) emergencies. In times like these, it’s vital to have a capable, experienced manager at the helm who can handle problems efficiently and minimize their d…