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 s…
While essential to the successful operation of all cooperatives or condominiums, the contents of governing documents are often only glossed over by otherwise well-intentioned boards members and managing agents leading to potential pitf…
Accountants are a norm for most people around tax time. And then, post-tax season, we rarely think about them. But for co-op and condo owners, this shouldn’t be the case. It’s crucial that large buildings hire an accountant to help with…
Everyone has experienced disorganization at one time or another. Say you have to go somewhere, and you forgot your driver’s license, only to find it in the pocket of another jacket. Or you can’t locate your cell phone because you turned …
The Cooperator’s annual Co-op & Condo Expo, which is now in its 26th year, is the premier event for education, networking and learning all you need to know about managing and maintaining co-op and condo properties in the Greater New Yor…
As the old adage goes, one bad apple can upset the apple cart. The same theory holds true for residents who choose to ignore bylaws or house rules, even if they are well-intended and in place to serve the greater good of the community. …
The old adage says that everything old is eventually new again, but if we are talking about a landmarked building in New York City, you may want everything old to stay that way. New York City has over 80 historic districts featuring un…
Launching a successful business requires talent, the commitment of many people, dedication and of course, a clear cut plan and strategy. Just like launching a business, a co-op or condo needs this kind of support when it makes the tran…
The difference between a residential building that is successful and one that is troubled can be the level of communication between the building’s shareholders and its board members. Although not commonly discussed, this is perhaps one o…
When it comes to running board elections in a condo or co-op community, the biggest concern among those involved is making sure the elections are fair and balanced and nobody has a reason to cry foul. Elections can be heated as it is, …