New York City is a metropolis of 8.2 million residents, so it’s not surprising that it takes an awful lot of people in a lot of departments and organizations to keep the town’s government running smoothly. Some of those people (the mayor…
Category: Management
By and large, a board and management company can expect payment from residents for monthly fees to be received on time and in full. These all-important funds keep day-to-day operations moving forward without delay. There are situations,…
In an online forum, Sharon complains about her upstairs neighbor and begs for advice. Her neighbor had installed a washing machine in her unit, even though there was one already downstairs for the residents of her six-unit building to …
Whether it is redesigning light fixtures in a common space or replacing a roof, repair jobs and capital improvement projects are like death and taxes, they are inevitable. Whereas a building administrator or a managing agent most often …
Managing a cooperative or condominium apartment building in New York would be a piece of cake… if weren’t for all those people. “The bricks and mortar is easy,” says Margie Russell, managing director of the New York Association…
Q Is it legal for the board to take the shareholders’ tax benefit credit every year without their consent, as a special assessment and a second assessment as well, within six months apart? I received the letter about this, contacted …
Q If there is damage to my roof and it leaks into my condominium unit and I reported it to the board three times with no repairs made, can I repair it myself and deduct the cost from my common charges? —Falling on Deaf Ears …
There's no question that the operational and administrative complexity of multifamily buildings requires effective management to create and maintain a safe, secure environment for residents and staff alike. Property management…
Little by little, the world seems to be getting greener. As part of Mayor Michael R. Bloomberg’s Greener, Greater Buildings Plan, new legislation has been passed that among many other measures, requires all of the city’s private buildin…
Over the past few months there have been several interesting and insightful court decisions. Here are a few legal cases that provide some helpful lessons. Vassi v. Salem House Condo Bd. Lesson: Condo boards need to make…