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Category: Management

Management Isn't That Capital!
2012 November Isn't That Capital!

 Sooner or later, every co-op or condo owner will have to deal with the  inconvenience of living through a major capital improvement project—a roof replacement, an elevator rehab, serious exterior work, or something of  that nature. No mat…

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Management Managing Diverse Communities
2012 October Managing Diverse Communities

 One of the most rewarding aspects of living in an urban area is the opportunity  for people from a broad array of ethnic and sociological backgrounds to get to  know each other as neighbors. That doesn't mean that managing a building or  …

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Management Fiduciary Duty
2012 October Fiduciary Duty

 Whether they serve a co-op, condo, or HOA community, board members have a  responsibility to govern and make decisions on behalf of that community—a charge that is often referred to as the board's 'fiduciary duty.' Decisions  made on beha…

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Management Under New Management
2012 September Under New Management

 For the most part, it's human nature to be somewhat fearful of change. People  tend to stick with what they have and what they know, rather than explore new  possibilities.    That’s definitely the case with condos and co-ops in re…

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Management Trash Talk
2012 September Trash Talk

 Removing a multifamily community's trash and recyclables is an important job,  especially in a private development that is not served by municipal or city-run  sanitation services. And though it is crucial to their daily lives, most peopl…

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Management Hiring Good Help
2012 June Hiring Good Help

 Think about this: according to the United States Department of Labor, each year  nearly 2 million American workers report having been victims of workplace  violence. Fraud committed by employees cost American companies approximately  $20 …

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Management Managing In-Unit Amenities
2012 May Managing In-Unit Amenities

 In an online forum, Sharon complains about her upstairs neighbor and begs for  advice. It seems that her neighbor had installed a washing machine in the unit,  even though there was one already downstairs for the residents of her six-unit…

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Management Dealing with Delinquent Owners
2012 May Dealing with Delinquent Owners

By and large, a board and management company can expect payment from residents for monthly fees to be received on time and in full. These all-important funds keep day-to-day operations moving forward without delay. There are situations,…

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Management Papers, Please!
2012 March Papers, Please!

Just think about this—you go to a doctor’s office for the first time and, hanging on the wall is an empty frame where his medical degree should be. You question him about it and he tells you, sure, he graduated from med school. He's tot…

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Management Working Towards a Resolution
2012 January Working Towards a Resolution

 Sometimes in the heat of the moment, when disagreements are at their worst, the  possibility of solving a problem without going to court seems remote at best.  Arguments may have been brewing for days or weeks with each side becoming more…

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