A predictable, consistent inflow of cash is crucial for all multifamily communities to function - so unpaid maintenance and common charges pose a big problem for boards and residents alike. Arrears can lead to unpaid bills, neglected mainte…
Solar power is gaining traction in multifamily communities nationwide - but concerns about funding, installation, and ROI still have some boards hesitant. This informative discussion will explain how solar works, break down its costs, explo…
As the lending landscape remains challenging for individuals, associations, and co-ops alike, things like funding major projects or refinancing an underlying mortgage can be even trickier than usual. This presentation will map out the curre…
Multifamily buildings—both new and existing—face barriers to decarbonization amid competing demands and growing pressure from legislation, residents, and tenants. But there are opportunities to build value today, namely energy efficiency an…
There’s an old joke about business partners on the outs. The punchline is something like, “my lawyer is bigger than your lawyer!” Punchlines aside, though, who can you sue, when, and for what? In our litigious society, the short answer is n…
When someone buys a private single-family home, it’s clear who the king or queen of the castle is: the homeowner. When it comes to condominiums and co-op apartments, however, the relationship between resident and property is a little more c…
According to the Foundation for Community Association Research’s Community Association Fact Book 2023, 30% of the U.S. population currently resides in a condominium community, housing cooperative, or homeowners association, with numbers of …
One of the most widely felt effects of New York City’s multiple efforts to fight climate change is the shift away from oil- and gas-fired heating plants to electric. These efforts have been, and continue to be, largely successful. One of th…
Over the years, multifamily co-op and condominium buildings have been notorious for the plethora of restrictions many impose upon residents, from smoking bans to strict quiet hours to forbidding holiday displays. While many of these restric…
Groucho Marx once famously said, “I wouldn’t belong to any club that would have me as a member.” Not so for many in the world of co-ops, condos, and HOAs. Shared communities often (if not usually) have an application process required for p…