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Category: Association Operations

Energy Conservation Getting  the Lead Out
2016 September Getting the Lead Out

While Flint, Michigan may have been the highest profile case of water being contaminated with lead in recent years, lead is an issue that water systems across the country have to navigate and monitor closely. Earlier in the year, there wer…

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Insurance So You Want to be a Board Member?
2016 August So You Want to be a Board Member?

I wish someone had told me the nuances of trying to cultivate a community while also trying to manage a business,” said Pat Burke, the current president of the Fieldstondale co-op in the Riverdale section of the Bronx, when asked what he wi…

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Insurance Insuring Amenities
2016 August Insuring Amenities

Like beauty, what constitutes an 'amenity'—particularly a 'luxury' amenity—may well be in the eye of the beholder. Young families may want indoor and outdoor play equipment, while professionals may appreciate a well-appointed gym, and senio…

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Insurance Workers' Compensation
2016 August Workers' Compensation

For over a century, states have had laws, rules and regulations in place to ensure that employees who are injured while performing their jobs are adequately taken care of. An uninsured employer that finds itself embroiled in a workers' comp…

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Insurance Insuring Your Future
2016 August Insuring Your Future

As any manager, board president or building administrator rightly knows, protecting your building community against a man-made catastrophe, natural disaster, act of God, or just basic negligence, is not a trivial task. Property casualty in…

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Finance Spotting Financial Irregularities
2016 July Spotting Financial Irregularities

While it's pretty much impossible for a co-op or condo board or employee to commit fraud on the scale of a Bernie Madoff or any one of the herd of shysters who have tromped through the news in recent years, building boards and managers cert…

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Finance Show Me the Money
2016 July Show Me the Money

The first of the month rolls around and it’s time to pay the bills that keep your building operational. Repairs might need to be made, staff salaries paid, maintenance done to keep all the common elements running, and supplies reordered. Th…

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Finance Budgeting 101
2016 July Budgeting 101

Preparing the annual budget for a condo or HOA isn't quite like figuring out a budget for a couple, or even a large family. The board of a multifamily building or association has to consider all the angles—past, current, and future—when for…

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Management Alternative Funding
2016 June Alternative Funding

In this challenging economy, many co-op and condo buildings are struggling to pay their bills while planning for future needs. Still, most building boards and HOAs are loathe to raise maintenance fees or levy special assessments on their re…

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Maintenance For the Birds
2016 May For the Birds

If you’ve never seen an Alfred Hitchcock film and are looking for an entry point, considering adding The Birds to your Netflix queue. As an added bonus, you’ll not only be watching one of Hitch’s classics, you’ll also gain a true appreciati…

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