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There are few feelings worse than encountering an unexpected expense and finding the piggy bank empty. That is why reserve funds and reserve studies are such important elements in the financial well-being of co-ops, condos, and homeowners’ …
Money, money, money. The world runs on it. And your building’s well-being depends on it. The issue is not just having funds, but managing them. Handling the purse for an entire building or HOA is a major responsibility, and boards -- even …
You work hard and try to put money away to be used for a rainy day —hoping of course that that ‘rainy day’ is a long-awaited trip to somewhere fabulous and tropical. Then, boom—the brakes on your car suddenly go, or one of the kids needs br…
When it comes to hiring professionals – either to do work on a property, or provide some sort of service for a co-op/condo/HOA community—it’s generally the property manager who solicits bids, goes over proposals, and cuts checks to pay for …
Q. The board is asking me to remove my tree on my property where I’ve lived for over 20 years. I believe it’s the board’s responsibility to maintain or remove the tree, not mine. In a letter sent to me, they said that they are concerned…
Q. I own a co-op and I had some damages to the walls of my kitchen, bedroom, and bathroom caused by water and/or leak coming from the side of the roof. I even had to change the kitchen wall, cabinets and floor because of the mold and dama…