In multifamily residential communities where neighbors share common space, amenities, and maintenance—if not actual walls—establishing and maintaining boundaries can be tricky, both in the physical and nonphysical sense. This goes double fo…
In multifamily residential communities where neighbors share common space, amenities, and maintenance—if not actual walls—establishing and maintaining boundaries can be tricky, both in the physical and nonphysical sense. This goes double fo…
While the pandemic may have turbocharged the use of Zoom, Microsoft Teams, and other virtual platforms for multifamily residential boards, the shift toward digital meeting tools has outlasted the crisis itself. For condominium and community…
It’s a fact: however harmonious a building or association is in general, there is always that one person—or perhaps more than one—who throws a wrench in the works. It could be the guy who seems to take pleasure in disrespecting the door sta…
As the climate crisis has worsened, governments at the federal, state, and local level have made attempts to legislate solutions. While necessary, that three-pronged approach can often make compliance a complicated process for multifamily b…
The stability and value of a shared interest community hinges on a lot of things; financial solvency, good governance, and proactive physical maintenance, to name a few. But another key component, and one that may be less obvious to the eye…
Residential co-op, condo, and HOA board members volunteer to help manage day-to-day life in their building or community, allocating their time to actively participate in decisions that affect the place they call home. They oversee crucial a…
It’s a constant refrain in multifamily governance and management: open, transparent communication between boards, managers, and residents is vital to running a building or HOA effectively and equitably. Unresponsive, disconnected leadership…
Q. I was a member of our three-person association condo board for approximately one year. I resigned after I realized the other two people were having secret meetings and making decisions without my input, and bringing their 2-to-1 vote t…
With many associations currently earning significant interest income on their reserve accounts, it may come as a surprise that associations have to pay federal income taxes on that income. Even more surprising is that the applicable tax rat…
Managing or administering a multifamily community like a condo, HOA, or co-op building is a lesson in balancing diverse, sometimes conflicting interests and priorities for the collective good. In buildings and associations where residents l…