Category: On The Board

Whether you’re part of a giant co-op the size of Co-op City, a 21-story building with over 15,000 residential units, or a small 25-unit condo in Staten Island, whether your building is self-managed or uses a management company, your boar…

Attracting new members to join your board of directors may be a daunting task. As current board members, you know that occasionally you need new members to keep the business of your co-op running smoothly—but people are often reluctant t…

It’s not a thankless job, necessarily—every once in a while residents will express their gratitude, if the elevator ride is sufficiently awkward—but it is a moneyless one. It’s also a hefty part-time job at best, and can at times take up…

Fall is here and with it comes the season for watching football. Football seems to dominate American culture. There are pro games four days a week, pre-season, post-season and Pro Bowl games, college, indoor, fantasy football, and of cou…

Talk about tense situations. There’s the sweaty-palm inducing job interview or the anxiety-riddled prospect of getting down on one knee to propose. And who can forget those tense moments scratching out an answer on the SAT test, knowing …

Seasonal spikes in the prices of fuel, oil and gas rising, higher costs of electricity, the need to bring those energy bills down—your condo or co-op will likely feel all of these, especially if it has older boilers, appliances, and so f…

Purchasing a building’s heating oil is one of the most important decisions a board has to make. And in this era of ever-rising fuel costs, it’s also one of the most frustrating. When deciding how to pay for their buildings’ heating oil, …

While there are many similarities between co-ops and condos, are the two very different when it comes to things like insurance and liability? The answer is both yes and no. There are similarities, but some significant difference…

Once an estate planning operative for only the rich and famous, trusts are commonly used today to facilitate estate planning for everyone. While empty-nesters downsize and seek out residences that are more maintenance free—such as co-o…