It happens infrequently, but when it does, it can be an enormous challenge: a co-op corporation or condo development has a long-running squabble with the building sponsor/developer, falls victim to long-term mishandling of funds — or outrig…
In major US cities these days, the decision to live in one co-op or condo building versus another often hinges upon the style of living afforded in a particular property. Whether it is defined partly by a full-scale gym and spa, a children’…
In the perennial struggle to control costs while still adequately maintaining a building or HOA’s physical plant, grounds, and other day-to-day business, some boards and managers are opting to hire superintendents, custodians, and other sta…
Another year is behind us, and what a year it was! While 2017 and beyond promise to be eventful in myriad ways, it probably makes sense to focus solely on what’s ahead in the world of condominiums, cooperatives and homeowners’ associations …
Neither condominium/cooperative property nor homeowners’ association runs itself. The day-to-day business therein is carried out by either a board or a property manager of the board’s hire, the unit owners/shareholders themselves contribute…
We often urge readers facing all manner of issues in dealing with the day-to-day operation of their condominium, cooperative or homeowner’s association to consult with a trusted, professional property manager. The best and brightest of thes…
Despite living in association, sometimes disputes erupt. Some residents just can’t be reasoned with. They’ll bother the board or other residents in various ways: noise at all hours, smells, maybe even just being a pest. No matter what it is…
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…
Like any company, a multifamily residential community generates a lot of paperwork in the course of doing business, from employment records to tenant records and more. It can be an enormous amount of stuff to manage, and knowing what to kee…
No one likes to feel left out or ignored. That is how co-op, condo or HOA residents may feel if they believe their board or managers are not responding to their requests or sharing enough information. What they may not realize however, is t…