Category: Board Operations

Buying an apartment in New York can be a real odyssey—finding a place that fits your budget and other requirements, securing a mortgage, gathering reams of paperwork for the closing...all very stressful and tedious. But for those buying int…

Are you a building manager who wants to retrofit your building with energy-efficient lighting? Or maybe you're a board trying to re-do your central air conditioning system, but you don’t know if you have it in your budget? Thankfully, there…

It’s a common scene on a New York street. A woman dressed in head-to-toe black is walking down the street, chatting on her phone. A rat the size of a small cat appears from behind a garbage can and wanders right across the woman's path; her…

Co-op and condo board members are charged with the all-important responsibility to make critical policy decisions that ensure the building, the property, and their neighbors' interests are cared for and protected. It's a job that requires l…

It starts innocently enough. The plumbing in your building has been giving the residents grief: toilets constantly running, inconsistent water pressure and sputtering faucets. The reserves are low and the three quotes you got from plumbing …

Having an apathetic, uncommunicative board is a big issue in many buildings and associations, but the opposite situation—a board that oversteps its authority—can be just as problematic. When a board does something it should not do, or fail…

One of fastest growing segments in New York area real estate is the increased popularity of boutique condos and co-ops. According to Propertyshark.com data, there are about 5,000 condo or co-op buildings across the city that have between j…

In any co-op or condo association, as with any decision-making body, meetings are essential for influencers to gather and make choices that best represent the interests of their communities. However, these meetings do not—and cannot—…

You may live in the most well-run and self-sufficient building in the city, but no building is an island, not even in developments from the sprawling Stuyvesant Town- Peter Cooper Village in Manhattan to Co-op City in the Bronx to the smal…

Big purchases come with big reams of paperwork...it’s frustrating, but a fact of life. For co-op shareholders and condo owners, that concept can equate to hundreds of pages of documents outlining everything from the financial status of the…