Category: Building Operations

Maintenance The Market Review & Forecast
2014 March The Market Review & Forecast

The worst of the recession is over, and many observers believe the recovery is well under way. With the exception of some coastal areas, the city has climbed out of the worst of the effects of Superstorm Sandy. What’s next? Will the …

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Management Spring is Just Around the Corner
2014 February Spring is Just Around the Corner

With a light sprinkling of freshly fallen snow blanketing your building's landscape, it’s easy to be lulled into thinking your property really is "pretty as a picture.” Sure, the occasional snowfall New York City experiences transform the …

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Finance Dollars & Sense
2014 February Dollars & Sense

Even before the economic meltdown and the media storm swirling around the thievery of money men like Bernie Madoff, financial mismanagement and fraud have been destructive problems for many co-op and condo owners. A co-op or condo is…

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Finance Worst-Case Scenarios
2014 February Worst-Case Scenarios

You always want to feel safe in your home, but as the past few years have proven, you never know when a major calamity or weather disaster is going to strike. While most of New York City proper wasn’t hit as hard by Superstorm Sandy as som…

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Maintenance Slip, Sliding Away
2014 January Slip, Sliding Away

Few things are worse than stepping out into the January cold and immediately slipping on icy concrete. It’s a tough decision to leave the warm environs of your co-op or condo apartment to go out into the frigid cold. Learning proper deicin…

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Insurance The Growing Importance of D&O Insurance
2014 January The Growing Importance of D&O Insurance

Most co-op and condo board members are not fully aware of all of the financial risks and liabilities associated with their service. Some may not realize that the management company, the co-op corporation board or homeowner's association is…

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Management Cars, Cars Everywhere
2014 January Cars, Cars Everywhere

Suffice to say, parking is a big deal in New York City. On any given day, you will find hoards of people swarming the densely populated city streets in hopes of getting a good parking spot—or any spot, for that matter. Tourists circle madl…

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Management Knowing When to Call Your Manager
2014 January Knowing When to Call Your Manager

Olivia Pope, the main character on ABC’s Scandal,is a professional fixer. If you have a problem—any problem—she can fix it. Over the past two seasons plus, she’s rigged elections, covered up murders, employed professional hit men, exposed …

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Management Secrets of Successful Managers
2014 January Secrets of Successful Managers

As jugglers of multiple and oftentimes complex tasks, property managers must be adept at mediating between board members and unit owners, as well as resolving all manner of maintenance and legal issues. To this end, property managers don’t…

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Management Managing Amenities
2014 January Managing Amenities

Whether a building is a luxury high rise with an in-house movie theater, rooftop pool, and climate-controlled wine cellar or a much more modest low-rise or townhome community with a simple community room or gazebo, managing common amenitie…

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