The economy cratered—to use a term in popular parlance at that time—in September, 2008, with the collapse of too-big-to-fail Lehman Brothers. While the measures undertaken by the federal government and the Federal Reserve averted complet…
Every condo, co-op, and HOA community is different—each has its own distinctive character, attitude, and expectations. The same is obviously true for the individual people who manage these communities and help them run their day-to-day …
With smartphones dominating the cellular market, people now have Internet access anywhere and everywhere they go. While shopping and “googling” are leading reasons to use the Internet, the rise of social media has changed the way in whi…
No matter what the size of their portfolio, a property manager must wear a great many professional hats: human resources pro, administrator, mediator, organizer, social director, project manager, sounding board—sometimes even therapist.…
Budgeting is never easy, not for a family of four and certainly not for a co-op or condo community of hundreds. That fact is made all the more difficult by the lingering effects of the recession, which continues to wreak havoc with our …
With the New Year underway, The New Jersey Cooperator’s 2012 Condo, HOA & Co-op Expo is quietly taking shape as this spring’s must-attend event for the Garden State’s property managers, board members, trustees and unit owners. H…
Q The board of our condo issued a ruling that any unit owner who is behind in payment of common charges cannot vote at the annual meeting. Our bylaws only say that each owner is entitled to one vote. No mention is made about denying th…
Safety. Security. These two little words can have a lot of different connotations for those living within, or providing management and other professional services to, a community association. From an engineer’s perspective, thoughts rel…
Organizing and keeping a co-op or condo’s books and other records is, on the surface, not that different than keeping a budget for one’s home. But there are many important differences—filing deadlines, tax requirements, reports…
While economy continues its slow recession rebound, unemployment rates remain steady at more than nine percent. Across the nation, various real estate markets have taken it on the chin, with some markets such as Detroit and Las Vegas k…