Back in 2021, Congress passed the Corporate Transparency Act (CTA), a federal law requiring most corporations, LLCs, and other such entities to register with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). The …
With severe weather events becoming ever more common—and more intense—waterproofing your building’s envelope against rain, wind, snow, and ice is a growing concern. To counter the effects of climate change on buildings both old and new, our…
In a typical co-op, condo, or homeowners association, residents have a lot to say about how their building or community is or should be functioning … but few actually step up to run for and serve on the board that does the actual governing.…
At the heart of every shared interest community is the person who makes it run. That person is known by many names: superintendent (or just ‘super’), building engineer, resident manager, community manager. Their duties and responsibilities…
Cooperative corporations and condominium associations are collectives of shareholders and owners, respectively. Both are governed by a board, the members of which are typically elected by those same shareholders and owners. Immediately fo…
While experts predict an improvement in mortgage markets and builder outlook for the U.S. housing market in 2024, the number of new communities and existing home sales will be subject to a series of domestic and international issues. The ge…
According to a surprising recent report from consulting firm Construction Coverage ranking the ‘Hottest Real Estate Markets of 2024,’ the NYC metro market ranks 48th out of 52 large U.S. cities. “While 2023 marked a notably more subdued…
Q. Residents of our 250-unit HOA in New Jersey have been complaining about dirty water for well over a year. First, the board and management told us it was an individual unit problem—then they replaced boilers, to no avail. We still had d…
The lobby of your building is more than just a transitional space between outdoors and in; it’s an important component in the life of your co-op or condo community. It’s where you enter your home. It’s where your visitors (and potential bu…