Insurance coverage and the inevitable claims that coverage defends against are a fact of life for multifamily residential communities. In that setting, it’s critical for all parties to understand whose policy covers what, and under what cir…
The job of managing a multifamily property is hectic, and often stressful - but it’s rarely (and blessedly) ever deadly. A tragic exception to that unfolded on August 22 in Atlanta, Georgia, when according to local news outlets a local cond…
Prior to the 1980s, the majority of New York City apartment buildings were rentals, owned by landlords. Then, in the 1980s, many landlords realized that it would be more financially advantageous for them to sell their buildings to the tenan…
When the mercury hits 95, the last thing most people have on their mind is a major snowstorm, and how it might affect their building’s entry vestibule, lobby, and other high-traffic common areas. Be as that may, summer is actually the time …
A recent analysis by Realtor.com shows that in an increasingly competitive housing market, condos, co-ops, and attached townhouses offer an affordable alternative to comparable single-family homes, especially in high-density, high-cost …
Brokers have a standard modus operandi when selling apartments: Depersonalize the property, stage it, and disappear. Take down family photos, stow the artwork, clear out excess furniture and the clutter of everyday life. And most importantl…
Q. I live in a condo where there are quiet hours after 9 p.m., and all disturbing noise no matter the time can result in a fine. Two months after I moved in, the downstairs neighbor moved in. It’s been a nightmare ever since. Banging, scr…
Q. Five years ago, an owner who was on the board for a year and was newly in charge of maintenance had his own new patio removed and hired our usual contractor to pour a new, larger patio—which of course meant using common element propert…
Running a community association requires boards and managers to work with people from all walks of life, including those who have unique experiences, wants, needs, and challenges. That requirement also includes residents living with behavio…
There’s a riddle in a popular children’s book that asks, ‘What’s the largest room in the world?’ After much consideration and many incorrect guesses, one of the characters in the book has the answer: “Why, the largest room in the world is r…