As readers of this publication surely know, well-run condo buildings and HOAs need to have adequate amounts of money in both their operating funds and their reserve funds. The operating fund covers most of the day-to-day costs of run…
Nothing lasts forever, and though you can’t predict the moment a piece of building equipment will break down, you can prepare for it. Even the toughest boiler, HVAC unit, or elevator will eventually tucker out and need major repairs, or ju…
In a multifamily building with scores, possibly hundreds of people living under one roof, cooking, cleaning, dusting and breathing, it’s no surprise that the airways, chutes and garbage rooms of these buildings can get clogged and dirty…
I live in a condo, and the board is trying to establish a rental cap in the building's rules and regulations, instead of making the change in the condo's bylaws. Does the board have the power to do this, or does such a change have to be ma…
Taking the Fifth Q My association's documents say that the board must consist of five total members. This past election, only four people ran and got elected. Does the new board then have to appoint another member? If they choose not to…
Settled during colonial times, Basking Ridge is home to several major corporate entities and some very large condo communities. It is an unincorporated community located within Bernards Township in the Somerset Hills region of Somerset Cou…
Time was, a nice spacious condo unit with a good location, a decent view and several basic amenities like a laundry room, a doorman and a gym or pool were what Garden State buyers wanted when they went home-shopping. However, as more build…
Many aspects of the American work landscape have changed radically in the last two decades. As the service and information economies have overtaken manufacturing and other more traditional forms of labor, the old 9-to-5, office-bound workd…
The vast majority of condo and HOA residents are regular folks who wouldn't dream of disrupting life in their community by harassing their neighbors, bombarding their board and manager with endless complaints and threats, or filing lawsuit…
You may love your building. You may even love your neighbors and the members of your board. But there are few people who can say that they love their monthly board meetings or annual owner or shareholder meetings. That’s because these meet…