Page 17 - CooperatorNews New Jersey Fall 2021

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, 2021
Another consideration, Becker ex-
plains, is that boards are being financially says he expects that as the economy stabi-
prudent. Many buildings and associations lizes and improves, communities will be
are experiencing (or concerned about ex-
periencing) a shortfall in income due to munity spaces in the future.
residents losing parts or all of their in-
come during the pan-
demic. Simply stated,
they don’t want to ob-
ligate themselves to
new capital projects—
even relatively modest
ones—until the eco-
nomic picture has sta-
bilized.
An Opportunity
Kevin Dulio is presi-
dent of Native Fields
Landscaping,
located
in Jefferson Township,
New Jersey. His clientele consists mostly new buildings and communities con-
of large HOAs. In contrast to Becker’s re-
port, Dulio says he has seen an increase and to keep in mind the needs of resi-
in inquiries from the communities he dents in a post-pandemic world. Options
works with for additional exterior ameni-
ties—everything from dog parks to walk-
ing paths and community gardens. That parts of their property to better serve
said, he confirms Becker’s observation their residents. What was once a place to
that communities are behaving very con-
servatively about spending money right come a beautiful Zen garden, where resi-
now. “They’re interested in creating new dents can find respite from the stress of
outdoor spaces and amenities for their the world around them.
communities, but they’re also concerned
about undertaking new projects at this
time,” he says. “They are asking ques-
tions, doing their due diligence.” Dulio
moving toward increasing exterior com-
The effects of COVID-19 have been
and will contin-
ue to be many
and myriad as
well as unex-
pected. Boards
of directors of
condominiums,
co-ops,
and
HOAs
must
be vigilant to
keep ahead of
trends within
their market—
to keep their properties competitive with
structed after the arrival of the pandemic,
are many. They may include the reuse
or repurposing of underused or unused
store trash before collection may now be-
n
A J Sidransky is a staff writer/reporter for
CooperatorNews, and a published novelist.
“Outdoor space
has become very
important since the
beginning of the
pandemic.”
—Alan Gaynor