Homeownership in New York City is about to get easier for first-time homebuyers, while existing yet struggling homeowners are getting help in fixing their homes This past Monday, the city announced two new initiatives , Open Door …
Whether living in a crowded high-rise or a sprawling suburban community, when it comes to condos, co-ops and homeowners’ associations, safety is paramount. From management to the board to fellow residents, it falls to everyone to show conce…
It takes a lot of different tools and materials to keep multifamily buildings looking, smelling and functioning at their best. That means that maintenance crews, contractors, snow removal teams, and other staff members must rely upon someti…
Aside from yourself, who exactly may live in your condo or co-op unit? While you as the owner might believe you have the sole authority to make that decision, most (if not all) condominium and co-op properties today have policies spelled ou…
Every board knows how important it is to have adequate, up-to-date insurance coverage to protect their community from liability, disaster, and other expensive situations -- but what about board members themselves? Directors & Officers (D&O)…
Property managers wear a lot of hats, regardless of whether they handle a small, close-knit building, or a sprawling development with hundreds of units. In this clip, management pros tell us about some of the bigger challenges that come par…
With all the amazing advances in security technology and connectivity over the last decade, it's easy to get carried away with wanting the latest, sleekest, most sophisticated systems and gadgets for your community. But cool as retinal scan…
Nobody would claim that managing condos, co-ops or other multifamily properties is an easy gig -- quite the opposite is often true. Here, management pros dish the dirt on what makes their job tough. (Spoiler: it may not be what you think!) …
Property insurance is one of the most important components of protection for common interest communities. It protects the property, association, corporation, board members, and residents from potentially financial consequences in the event…
Even the most laid-back, harmonious community will periodically experience conflicts -- maybe between board members, between neighbors, or between residents and the board. Resolving these issues without litigation or lingering acrimony is k…