Category: On The Board

Shareholder Relations A Look at Enforcing House Rules
2009 Feb A Look at Enforcing House Rules

It’s a time-worn pattern that plays out in workplaces, classrooms, and residential buildings everywhere: rules are set, and enforced strictly for awhile. Over time, enforcement wanes a little; the rules are bent, then broken—until such t…

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Shareholder Relations Bringing in a New Board
2009 Feb Bringing in a New Board

In managing the affairs of a building or a community, all board members are far from equal in their abilities and skills. Some bring experience in construction or a background in law, finance, or other professions that can be helpful to…

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Shareholder Relations Avoiding Court, Limiting Costs
2009 Feb Avoiding Court, Limiting Costs

Turn on daytime television and you might get a false impression that people like to go to court to work out their differences. There are so many cookie-cutter judicial shows like “The People’s Court,” “Judge Judy,” and “Judge Joe Brown,…

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Management Relations Handling Sub-Par Maintenance
2009 Jan Handling Sub-Par Maintenance

In most buildings—even otherwise well-run, well-managed ones—building staff and administration can sometimes get a little bit lax in their day-to-day maintenance duties. Equipment doesn’t get serviced. Paint peels. Dust and dirt accumula…

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Management Relations The Least Popular Decision
2009 Jan The Least Popular Decision

The boards of some co-op and condo buildings pride themselves on not raising their monthly maintenance fees for years at a time. At first glance, this might seem like a good thing—after all, low fees are appreciated by residents and can…

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Management Relations Hiring the Pros Who know
2009 Jan Hiring the Pros Who know

Tax time is coming soon, and a time no one really enjoys will likely be even less fun thanks to the current recession. In the case of condo and co-op buildings however, accountants and attorneys may be able to help the communities they…

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Management Relations Next Generation Property Management
2009 Jan Next Generation Property Management

Remember Stanley Roper from the 1970’s sitcom Three’s Company? To some, he might still be their idea of a property manager—the upstairs landlord or the guy you’d call when your plumbing’s on the fritz. And indeed, when the plumbing in you…

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Management Relations New York City Professionals Weigh in
2009 Jan New York City Professionals Weigh in

Last January, not even television psychic, Ms. Cleo, could have predicted the events that were set to unfold in 2008. With the unraveling of the economy that we’ve already heard quite a bit about and forecasts for a gloomy start to 2009…

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