While not every co-op, condo, or HOA is struggling financially, every board should concern itself with the financial health of the community it governs. Here, financial pros give boards some tips on how to fortify their bottom line.
Just like breathing and sleeping, slips and falls are a natural part of life—whether it's momentarily stumbling on a sidewalk or briefly losing your footing in the shower. Most of us would regard such incidents as one-offs. But judging by t…
While most purchasers of condos and co-ops prefer conventional fixed-rate financing, there is a substantial market for variable rate co-op and condo mortgages. Generally referred to as ARMs (adjustable rate mortgages), these instruments ca…
In late February, as reported by the Associated Press , a Massachusetts man crashed a homemade aircraft into the roof of a condominium building, resulting in the tragic death of the pilot. Because this happened in the middle of a Tuesday…
Making sure your building or association has adequate funds to carry out major capital projects - roof repairs, boiler/HVAC replacements, new windows, etc. - is a crucial part of your board's fiduciary duty, and conducting a capital assessm…
Spring is around the corner, and with warmer weather and sunnier days come lots of decisions about how to care for your building or HOA's landscaping elements. Here, landscaping and lawn care pros share some ideas about what boards can do b…
Whether you are already a condo or co-op board member, or just became a new member your board, it never hurts to brush up on your knowledge about proper board practices to make sure things run smoothly in your building. That’s what audienc…
Interviews of all stripes are notoriously nerve-wracking for those being placed under scrutiny. Even mundane details about one's hobbies and interests can seem like daunting reveals when confronted by a stranger in an uncomfortable setting.…
Spring is coming, and for communities both large and small, urban and suburban, it's time to start thinking about beautifying their exteriors. Avoid some common - and often pricey - landscaping-related mistakes with this sage advice from pr…
By 2021, New York City's wildly popular attraction the High Line could face some competition from downtown That is the projected timetable for the opening of the Lowline on the Lower East Side, which has been touted as the world's first un…