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Category: Building Operations

Finance Planning for the Future
2015 October Planning for the Future

The experience of condo and co-op board members can often feel like a juggling act. There are varied interests in the community that want different things. There's legal counsel, financial advisers, and managers who try to offer the best pr…

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Management What’s My Line?
2015 October What’s My Line?

Generally, board directors in condos and HOAs are volunteers who live in the building and want to assist in protecting their investment. Often, however, new board members enter positions without knowing the full scope of expected responsibi…

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Finance Forensic Accounting
2015 October Forensic Accounting

Recently, have you noticed that your managing agent has exchanged his old Toyota for a new Mercedes? Has he installed a new addition to his house? Has he appeared erratic...and returning from jaunts to Atlantic City all the time? If so, it …

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Management Creating Community
2015 September Creating Community

While high-rise residential buildings put many people and families in very close proximity to one another, living side-by-side doesn’t automatically turn a group of people into a community—sometimes it even has the opposite effect.  Lives …

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Energy Conservation A Green New World
2015 September A Green New World

These days, as the summers get hotter, the storms get bigger and climate change is finding its way into more headlines than ever before, more attention is being paid to the environment and how the average citizen can do his or her part to s…

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Energy Conservation Power-Up with Co-Generation
2015 September Power-Up with Co-Generation

The process of producing energy for metropolitan area co-ops and condos has dramatically evolved in recent years, advancing to the point in which Lewis Kwit, the president of Energy Investment Systems, based in Manhattan, makes a relatively…

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Energy Conservation Don’t Trash This
2015 September Don’t Trash This

In the past, talking about garbage in New York City was left to disgruntled residents or comedians who were looking for something funny about the Big Apple to joke about.  In days gone by, when you opened something up, you simply threw awa…

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Energy Conservation The Green Movement
2015 September The Green Movement

Americans today are moving toward a more well-developed awareness of their environment, and what it takes to protect and preserve earth’s natural resources. City dwellers and suburbanites alike typically recycle paper, plastic, and glass st…

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Insurance Should I Stay or Should I Go?
2015 August Should I Stay or Should I Go?

There are approximately 3 million New Yorkers living in New York City’s 6 hurricane evacuation zones. This fall, should a Class 1 hurricane (74 mph) make landfall New York City will order the evacuation of those living in the most flood pro…

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Insurance Network Security & Privacy Liability
2015 August Network Security & Privacy Liability

Data breaches can happen from hackers, employees, competitors, vendors or other third parties and can be intentional or accidental. It is well documented that even the best security systems are being hacked at an alarming rate. Most recentl…

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