Over the past few years, nearly all property owners, including shared interest communities, have seen sharp increases in their insurance premiums. That costs have spiraled and coverage gotten harder to obtain is obvious; the questions are, …
As noted elsewhere in this edition of CooperatorNews, all types of properties, including co-op, condo, and HOA communities, are experiencing steep increases in their insurance premiums while coverage is being reduced. Some are seeing their …
Efficient condo and co-op boards make a building run smoothly—but the most effective ones don’t work alone; they understand how to work together with other industry professionals, including property managers, attorneys, accountants, and oth…
Given all the big expenses condo, co-op, and HOA boards have to keep track of, smaller things, like boxes of cleaning supplies and other everyday maintenance items might seem secondary. But the truth is, neglecting those ‘little’ expenses c…
Q. “A majority of unit owners want our entire corrupt condo board replaced, and five of us are prepared to run and serve on the new board. Problem: The current board refuses to schedule an election, which our management company is respons…