Category: Building Operations

Management What's New for Co-ops and Condos
2011 January What's New for Co-ops and Condos

 As managers, residents, and board members of the city's residential buildings  gear up for 2011, sweeping up the tinsel and cookie crumbs leftover from holiday parties isn't the  only job at hand. From bedbug disclosure rules to a propose…

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Management Keeping In Touch
2011 January Keeping In Touch

As recently as five years ago, traditional phone logs and Rolodexes were a common part of a managing agent’s daily communications arsenal. Yet, with recent advances in property management software, such anachronistic methods are largely…

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Management Extra! Extra! Read All About It!
2011 January Extra! Extra! Read All About It!

Most buildings have emergency preparedness plans in case of fires, floods, or hurricanes. But there’s one form of crisis that very few have an organized response for: the public relations disaster. It could come in the form of a scandal…

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Management Negotiating Management Contracts
2011 January Negotiating Management Contracts

Drawing up a contract for management services looks at first glance like a simple task. Such contracts usually follow a particular format and outline similar services for both co-ops and condos, regardless of size. But what about contr…

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Management Managing in the Economic Downturn
2011 January Managing in the Economic Downturn

Job losses. Bankruptcies. Foreclosures. These are tough times for everyone, but when homeowners fall on hard times, they are often late paying their condo or co-op fees. Some can’t even afford to pay them at all. Add in contractors and …

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Management Hitting the Books
2011 January Hitting the Books

These are hardly the best of times for those who manage co-op and condo buildings, charged as they are with overseeing financial well-being, maintenance goals, legal issues and an almost unpredictable kaleidoscope of other daily concer…

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Security Crime Happens
2010 December Crime Happens

 Security systems are not just for homeowners in a suburban setting. With  advances in wireless technology, security and life safety systems, the features  found in the newest systems are a great appliance add-on to condo or co-op  apartme…

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Security Fees Under Fire
2010 December Fees Under Fire

 A proposal to ban federal lenders from purchasing loans in co-ops that use flip  tax fees or condos with deed-based transfer fees has housing community leaders  worried the ruling would lead to diminished operating budgets and severely  d…

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Security Where There's Smoke
2010 December Where There's Smoke

 These days SoHo is populated by fancy eateries, high-end boutiques, the Apple  store, and of course, the art galleries. On the weekends, the streets are  packed with shoppers and tourists. This neighborhood is characteristic of  several a…

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Security Keeping it All Inside
2010 December Keeping it All Inside

New legislation and a push by the city fathers to make New York City buildings more energy-efficient has thrown the gauntlet down for New Yorkers to also become more energy-conscious. Wouldn’t it be great if residents decided to take th…

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