Physically, there’s really no difference between co-ops and condos. The savviest property manager in the five boroughs could not walk into a lobby and say for certain if it’s one or the other. When co-ops are converted to condos, or vice…
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How can you tell whether the on-site property manager at a cooperative, condominium or homeowners association community is doing a good job? And what is a 'good job' anyway? Whether a manager is well-liked and whether he or she manages…
Everybody sometimes disagrees with the decisions of their co-op, condo or homeowners association board. Maybe the choice to rearrange the garbage receptacles out front seems ridiculous, or the ongoing clattering of machinery on the roo…
Convenience and saving money are just a couple reasons why a co-op board or homeowners association would choose to self-manage a property. Though, outside managing firms and property managers are hired and employed for good reason. The…
When Superstorm Sandy slammed into the East Coast at the end of October, hurling a record breaking 13 plus-foot water surge at New York City, knocking out power to millions of residents and devastating parts of Queens and Staten Island,…
Unless you have a degree in accounting, your first board meeting could come as a bit of a shock. You probably knew board members oversee the finances of the corporation, but who knew there were so many records to produce and filing dea…
The issue of intellectual property and an individual’s right to privacy has become a greater concern since more and more people conduct their lives online—whether for banking, social media or dating. While the aforementioned generally h…
For most people, nothing is more important than knowing that they and their families are safe and secure in the place they call home. Boards, management and security firms all must work together seamlessly and cohesively to create that…
The discovery of fire is considered a major turning point in man's evolution from cave dweller to outer space explorer. Control of fire allowed early man warmth for his habitat, a way to cook his meals, and light for his surroundings. …
If you want to make a good impression, nothing quite says luxury and elegance like a vast expanse of polished marble—particularly in the lobby of an upscale condominium or co-op building. Marble has been used in palaces, temples, and ho…