While it may seem like a smaller building or community might be a cakewalk to manage compared to say, a 1,000 unit building or HOA with amenities, landscaping, and other aspects demanding attention, the fact is that dealing with tiny commun…
Category: Shareholder Relations
Every board is as different as the communities they serve; what works for a luxury high-rise on Park Avenue might not be such a good fit for a garden co-op in Queens, and vice versa. But no matter what kind of co-op or condo you call home, …
Pet policies and smoking bans are just a couple of the more contentious issues that co-op and condo boards may be faced with as they carry out the administration of their communities. In this seminar, legal experts discuss how boards can be…
Serving on the board is not all fun and games, glamor and glory. There’s also some paperwork involved. In fact, the flow of paperwork is the lifeblood of the community. The Articles of Incorporation, proprietary lease and bylaws in a…
It only takes a few minutes of a web search to uncover the traits that make a successful person or business owner. For example, Entrepreneur magazine’s Steven Key wrote the article, “5 Qualities of Successful Persons,” which included such …
The goal of any property developer is to sell units, but until that objective is reached they have to assume all the day-to-day responsibilities to ensure smooth operations and continued sales. This requires wearing many hats—manager, boar…
The word community, like many words in the English language, has more than one interpretation. A community can be identified as a geographical location—a physical infrastructure of streets, parks and buildings, defined by tangible brick an…
Working in groups can be a challenge. Working in groups when people’s homes—and possibly their life savings—are involved can be a far greater challenge. It’s one faced every day by those brave souls who volunteer to serve on their co-op …
While the New York City housing market has not suffered as much as in other parts of the country, there are some new construction condominiums that hadn’t sold as much as the developer had hoped. That’s why a recent trend in condos in th…
Can’t we all just get along? It's a million-dollar question. When someone moves into a community, they often look for the friendliness and camaraderie that living in a co-op or condo association brings. But with many personalities often…