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Category: Management

Management Hiring Professionals vs. Doing Repairs In-House
2023 October Hiring Professionals vs. Doing Repairs In-House

It takes a small army of professionals—everyone from on-site handymen to licensed professional tradespeople and engineers—to maintain multifamily buildings, both large and small. The question is, who does what, and when? Everyone likes to s…

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Management Rubber stamp over two folders with the text financial statements, accounting records and the word audit. Concept of financial auditing. 3D illustration.
2023 August When It’s Time for an Audit

When the average American taxpayer (or tax-dodger, one supposes) hears the word “audit,” they’re likely struck with a feeling somewhere between annoyance and terror—usually because being audited means that something has been found amiss in …

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Management A 3D render of a scattered stack of regular envelopes with delivery stamps and a clear window and the top one saying payment due symbolizing bills and debt on an isolated white background
2023 August The Collections Process

Cash flow is the lifeblood of any multifamily residential community, be it a rental building, condo, co-op, or HOA. However, because the latter three are nonprofit entities, maintaining consistent cash flow is even more critical to their he…

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Management Multi Ethnic People Holding The Word Community
2023 June Special Events & Activities

Multifamily buildings serve as more than just residential spaces; they’re mini-municipalities unto themselves, where neighbors interact in common spaces, either incidentally (like in lobbies or elevators) or deliberately (like in kids’ play…

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Management Summer vacation journey flat vector illustration. Road trip adventure. Family travelling by car with active rest equipment. Extreme sports accessories on vehicle roof top isolated on beige background
2023 June When Residents Are Away

It’s little surprise to many that the residents of luxury apartment buildings spend less time in their apartments than their less well-off neighbors. Second and even third homes are the reality for many wealthy shareholders and unit owners—…

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Management The Ansonia building on the Upper West Side of New York City, located at 2109 Broadway, between West 73rd and West 74th Streets.
2023 May Landmark Co-ops & Condos

If you picture a specific American city in your head, what do you see? Its buildings, most likely. Cities come to be known and represented by their iconic buildings, one part often standing in for the whole: think the Empire State or Chrysl…

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Management Meeting area in a modern creative coworking office space with couch, sofa, bar stools, leaner tables, carpet. No people, modern building interior. Photographed in Auckland, New Zealand, NZ.
2023 April What’s Trending in Multifamily Amenities

The appeal of multifamily living is not just in the hands-off maintenance and shared general expenses that come with living in a co-op, condo, or HOA. It’s also in the sense of community and the on-site offerings that can be shared among ne…

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Management Blue chip manager is unlocking a virtual locking mechanism to access shared cloud resources. Internet concept for identity & access management, cloud storage, cybersecurity and managed services.
Unified Property Access

Over the last few decades, property technology, or 'proptech' has completely transformed how we live and work. Historically, the real estate industry has been slow to embrace technology - which means many co-op and HOA boards are missing ou…

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