Category: Building Operations

Who is in you building? Do you know? And most importantly, do you care? If you answered ‘no’ to either of those last two questions, you could be in for a rude awaking. In today’s environment more and more building owners and man…

Mortgage financiers are gearing up for a different lending landscape in 2007. To succeed in the coming year, lenders will need to pay attention, look around and get in front of trends.  Here are a few trends we can already foresee: …

One of the major initiatives which will soon benefit New York City’s co-op and condominium landscape is the ongoing effort to certify the resident managers and superintendents that live and work in city housing. It’s time to dust off A…

Even the best-run buildings have their bad days, and minor (sometimes not-so-minor) emergencies.  In times like these, it’s vital to have a capable, experienced manager at the helm who can handle problems efficiently and minimize their d…

One of the most important things that a co-op or condo must take into consideration when hiring a contractor for a maintenance or construction project is whether the service providers the building are bringing in to do the work are prope…

Co-op and condo buildings don’t run themselves. Their owners and shareholders rely on board members to make important decisions about the buildings they live in, and board members count on their management companies to provide them with …

In a perfect world, the relationship between a management company and the co-op or condo it serves would be harmonious, with few—if any—bumps in the road. But this is New York City, and if that vital relationship sours, your board could …

For most boards, the fees charged by their management firms are just a fact of doing business. Aside from signing the initial contract, most board members probably do not give much thought to how those fees were initially determined, bey…

Many years ago, when I was living on the Upper West Side, a neighbor of mine was notified over his scratchy intercom system that a UPS carrier had a package for him. Without hesitation, he buzzed in the deliveryman and opened his fron…

A few years ago, a commercial aired that featured a hip-looking fellow plugging away at his laptop—checking his e-mail, surfing the Web, downloading music.  What was different about this guy was that he was on the roof of a skyscraper, a…