Home is where the heart is, sure – but it's also where most of where any given owner or shareholder's money is. For most people, their home represents their single biggest investment. And in a community association, both individual units an…
Home is where the heart is, sure – but it's also where most of where any given owner or shareholder's money is. For most people, their home represents their single biggest investment. And in a community association, both individual units an…
Whether it’s a balcony, terrace, patio or roof deck, outdoor space is many an apartment owner’s dream. Desirable – and valuable – as they are, these spaces do present specific maintenance considerations for individual owners, co-op corpora…
Cities are crowded. That’s a simple fact. In the best of circumstances, there’s noise, dirt, dust, and the usual urban pests. Add to that the construction of a new building next to or nearby yours, and annoyance can quickly become overwhelm…
Q. My apartment was flooded four times with sewage, along with kitchen and bathtub pipes bursting. As a result, mold is everywhere in my apartment. The co-op board refused to do mold remediation except for the kitchen with the sewage (fou…
Q. I was wondering about pest control responsibility. I live in a condo building. I’m getting constant roaches in my unit. I’m a very clean person and had no problem for 10 years. Obviously the building is infested. Who supposed to fix …
While a productive building or association manager who ably navigates the day-to-day operations of one or more client communities may not have millions in the bank, it's hard to argue that he or she is not 'successful' in practical terms. B…
Co-ops and condos routinely undertake major capital projects to improve and update their physical plant with the hopes of both increasing value and cutting expenses. But how about more modest programs to save money in areas that are often o…
Real estate brokers are nearly universal when it comes to touting properties with ‘tons of natural light,’ and nearly every apartment-hunter wants a room (or rooms) with a view. Windows let the light in, keep out the rain, and add value to …
Successfully running a condominium, cooperative, or homeowners’ association is no small task. A board and/or management must consider the interests of its residents when making sweeping decisions to benefit the property and those who call i…
In March of last year, The New York Times reported on an emerging money-making venture among some co-op and condo residents: renting out their spaces for an hour or two at a time to various users, often finding customers through third-party…