Let’s face it. Every multifamily or commercial building owner would like to substantially lower their utility costs. Prices for energy and water are projected to go nowhere but up in the future. When you start to factor in the new regulati…
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Someone once said that "People who say that small things don't bother them have never slept in a room with a mosquito." The truth is that there are little irritations—otherwise known as pet peeves—about a job, relationship, or other …
It’s no secret that helping to run a board of directors or board of managers of a co-op or a condo association is quite often a thankless task. There are a lot of issues to take care of, and board members are strictly volunteers. While the…
There has been much discussion recently about the antiquated New York Labor Law 241 and its effect on the availability and cost of insurance coverages for contractors. The fear is that smaller contractors will get priced out of purchasing …
Saving money is always a top concern of any co-op or condo board, but with tough economic times and high fuel prices, saving on energy costs can be a challenge. Thanks to deregulation of the New York energy market a little over a decade ag…
In March 1947, a group of nearly 600 onlookers gathered on the sidewalk in front of the home of bachelor brothers Homer and Langley Collyer on Fifth Avenue and 128th Street in Manhattan. Residents of the neighborhood had speculated and gos…
Mom was right. Her admonition to “Turn out the lights when you leave the room!” is as valid today as it was a generation ago. And yet many co-op and condo buildings, while energy-conscious in so many ways, seem to feel it’s better to just …
Residential buildings are constantly under attack—not by barbarians or marauding bandits, but by a force far more subtle and insidious. The most tenacious enemy of a residential building is not fire or structural collapse—though a building…
Running a co-op, condo or HOA is a business, and like most businesses, proper budgeting is the key to financial health. Just like businesses, associations usually have two separate yet vitally important budgets. The first budget is the day…
Of all the responsibilities that come with being a board member or manager of a residential building, few are as important as ensuring the safety of your residents. Making and clearly communicating emergency plans, marking entrance/egress …