Category: Management

Convenience and saving money are just a couple reasons why a co-op board or homeowners association would choose to self-manage a property. Though, outside managing firms and property managers are hired and employed for good reason. The…

 When Superstorm Sandy slammed into the East Coast at the end of October, hurling  a record breaking 13 plus-foot water surge at New York City, knocking out power  to millions of residents and devastating parts of Queens and Staten Island,…

According to some sources, the word “tips” is actually an acronym—it's short for “To Insure Prompt Service,” and the list of people who are commonly tipped—at least in the United States—includes everyone from hair and nail salon workers t…

Condominium and cooperative management companies are a dime a dozen in New York City. And since there are thousands of management companies vying for your attention and your business in the Big Apple, it can be tough for them …

 Sooner or later, every resident living in a condo or co-op community will have  to deal with the inconvenience of living through a major capital improvement  project—a roof replacement, an elevator rehab, serious exterior work, or somethi…

 New York is one of the most diverse cities on the face of the earth. Its huddled masses yearning to breathe free include immigrants from places  completely unlike the Big Apple: Kazakhstan, Zimbabwe, Uruguay—even North Dakota. There are m…

 Most people don’t think much about their garbage after they toss it down the chute or into a  container for pickup, but the fact is, removing a multifamily community's trash  and recyclables can be a big job, especially in a private devel…

 For the most part, human nature is fearful of change; people are more likely to  stick with what they have and what they know, rather than explore new  possibilities and take on unknown risks. That’s certainly the case with condo and co-o…

 In the typical suburban condo development, one must go to another location to  shop— maybe to the mini-mall, or the big box store down the road. But in New York  City co-ops and condos, stores are often found on the ground floor—supermark…

 Think about this: according to the United States Department of Labor, each year  nearly 2 million American workers report having been victims of workplace  violence. Fraud committed by employees cost American companies approximately  $20 …