As the legislative session in Albany winds down for the year and the New York City Council continues to address legislation, as always, there are several measures in play with serious implications for the condo and co-op community. …
Category: On The Board
- Board Member 101
- Seminars
- Webinars
- Law & Legislation
- Board Operations
- Management Relations
- Shareholder Relations
Those who handle the management of any kind of residential building deal with contractors and contracts regularly—but they aren’t the only ones who should know about the process. It’s not necessarily an arcane topic—whether the project i…
Most people assume that the board of directors runs the building. Actually the responsibilities for maintaining the building are usually divided between the board of directors and the managing agent. Both parties perform their functions…
Bugs, rodents, and other pests are always a potential problem in a city or densely populated suburban area—and even upscale, well-maintained buildings are not impervious to the occasional unwelcome interloper. Cockroaches invade kitchen…
A two-mile long sliver of land in the East River between Manhattan and Queens, Roosevelt Island sits a mere 700 feet from Manhattan’s East Side. Still, many New Yorkers know nothing about Roosevelt Island’s expansive green spaces and unr…
A recent British survey found that the typical person spends an average of five years of their life in either their kitchen or their bathroom. That might not compare with the number of hours logged behind a desk or the wheel of a car, …
Bear Stearns in Danger of Collapse… Dow Falls 400 in One Day… Big Three Automakers Seek Emergency Aid… Citigroup Shares Tumble Below $5 a Share… Dow drops below $8,000… Federal Regulators Shut Down Two California Thrifts… More Consumers S…
Remember in Seinfeld how you would always see Jerry’s bicycle hanging from the ceiling in the background? Perhaps if his building had had a storage room or a bike rack in the basement, this cumbersome space-saving method that many New Y…
It’s a time-worn pattern that plays out in workplaces, classrooms, and residential buildings everywhere: rules are set, and enforced strictly for awhile. Over time, enforcement wanes a little; the rules are bent, then broken—until such t…
In managing the affairs of a building or a community, all board members are far from equal in their abilities and skills. Some bring experience in construction or a background in law, finance, or other professions that can be helpful to…