For the majority of co-op or condo owners, their apartment is their largest asset. That apartment should be viewed as an investment and one that makes fiscal sense. But that approach is impossible if unit owners are missing important p…
Category: On The Board
- Board Member 101
- Seminars
- Webinars
- Law & Legislation
- Board Operations
- Management Relations
- Shareholder Relations
All for one and one for all. We always knew that buying a unit in a condominium project meant that the value of our property depended in good part on the likeminded conscientiousness of our neighbors. Where owners live, vote and fund th…
Mayor Michael R. Bloomberg presented a Fiscal Year (FY) 2011 Executive Budget and an updated four-year financial plan for New York City that calls for $62.9 billion in spending. While the mayor’s attempt to balance the city’s budget res…
In a high-cost, high-density real estate landscape like New York City, when disputes arise in a multifamily building, tensions can escalate from annoyance to litigation very quickly. In rental buildings, problems can range from lack of…
In the 1950s and 60s, airlines hired comely young women to work the aisles and tend to passenger requests—stewardesses, they were called. And while the word was the feminine form of steward, the combination of the title, the outfit, and…
Lawsuits, by their very nature, are acrimonious affairs. They can be messy, they’re time-consuming, and even when they’re relatively uncomplicated, they’re expensive. For a lower- or median-income co-op or condo resident, getting sued or…
Lawsuits are an unfortunate, expensive fact of life these days—chances are that at some point in your lifetime you’ll be involved in one to at least some degree. In you live in a co-op or condo community, legal issues arise between board…
It will come as no surprise to anyone that between the cars, industry, residents’ power needs, and other energy use, New York City has a pretty mammoth carbon footprint. According to a recent carbon inventory of the city, nearly 80 perc…
As the legislature in Albany and the New York City Council are in full swing, legislation of every type is being proposed, debated, and considered. As one might expect, the budget is front and center in these recessionary times, but ho…
The late 1990s saw a surge of nationwide smoking restrictions put into effect. State by state, legislation banning smoking in various settings was proposed and passed into law. With varying amounts of resistance and controversy, workpl…