It's hard to imagine that seven months from now, the fifth anniversary of Superstorm Sandy hitting the East Coast will be upon us. The memories of that day on October 29, 2012, and its immediate aftermath, are still vivid for those who sur…
A proposed Republican New York State Senate bill calls for an increase in the number of condo projects from the outer boroughs as part of a revised 421a tax abatement program to spur affordable housing--a move that earlier prompted concern…
While not every co-op, condo, or HOA is struggling financially, every board should concern itself with the financial health of the community it governs. Here, financial pros give boards some tips on how to fortify their bottom line.
Just like breathing and sleeping, slips and falls are a natural part of life—whether it's momentarily stumbling on a sidewalk or briefly losing your footing in the shower. Most of us would regard such incidents as one-offs. But judging by t…
While most purchasers of condos and co-ops prefer conventional fixed-rate financing, there is a substantial market for variable rate co-op and condo mortgages. Generally referred to as ARMs (adjustable rate mortgages), these instruments ca…
In late February, as reported by the Associated Press , a Massachusetts man crashed a homemade aircraft into the roof of a condominium building, resulting in the tragic death of the pilot. Because this happened in the middle of a Tuesday…
Making sure your building or association has adequate funds to carry out major capital projects - roof repairs, boiler/HVAC replacements, new windows, etc. - is a crucial part of your board's fiduciary duty, and conducting a capital assessm…
Spring is around the corner, and with warmer weather and sunnier days come lots of decisions about how to care for your building or HOA's landscaping elements. Here, landscaping and lawn care pros share some ideas about what boards can do b…
Whether you are already a condo or co-op board member, or just became a new member your board, it never hurts to brush up on your knowledge about proper board practices to make sure things run smoothly in your building. That’s what audienc…
Interviews of all stripes are notoriously nerve-wracking for those being placed under scrutiny. Even mundane details about one's hobbies and interests can seem like daunting reveals when confronted by a stranger in an uncomfortable setting.…