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Any major change takes some getting used to and hiring a new management company for your co-op or condo is no exception. Even though you're anxious to ring out the old, you can't help but be a little apprehensive about whether the new com…
The initials following a person's name often reveal a certain level of educational or professional achieve- ment. Designations like M.D., D.D.S., J.D., C.P.A. and C.L.U. indicate the successful fulfillment of certain standardized requi…
This truth may not be self-evident, but in a co-op all shareholders are not created equal. Virtually every Offering Plan provides for a special class of shareholderscalled Holders of Unsold Shareswho are routinely granted privileges not e…
roperty management is a challenging field that appeals to quick- thinking, high energy individuals. Besides excellent number crunching skills, a good property manager must also demonstrate a keen knowledge of crisis intervention, not to m…
emember when all your garbage was discarded into the refuse container, never to be seen again? The age of environmental awareness has not only forced the development of new ways to recycle refuse, but also new ways to dispose of it. Adapt…
At the Real Estate Board of New York's first residential convention last month, there was a sense of elation in the air. Not only was REBNY celebrating its 100th anniversary and the success of its new trade show, but there was a new sense…
It's Friday night and you've just arrived home from a long week at work. Picking up your mail, you head upstairs in anticipation of a cold drink and a hot bath. But when you enter the bathroom, you find a quarter inch of water covering the …
One of the most difficult decisions boards of co-ops and condos have to make is who should manage their buildings. While boards are obviously looking for management that has both the qualifications and experience to handle a building such…
A co-op or condo that embarks upon the road to self-management is committed to undertaking the supervision and administration of the building without the assistance of an outside full-service property management firm. There are, however, va…
While there has been a lot of talk in the industry recently about energy conservation, it would seem that most board members and residents are not sure where to begin or how they should proceed. The Cooperator has uncovered several new pr…