Finance Diverse Community with a Small-Town Feel
2009 July Diverse Community with a Small-Town Feel

Lakewood Township is a diverse community with a rich history, a growing population, and a wide array of attractions and amenities. Located in Ocean County, the township's accessibility to major urban centers has attracted residents who…

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Finance Warm Weather Considerations for Managers
2009 July Warm Weather Considerations for Managers

 Ah, summertime. It’s a great time for property managers to kick back and relax -- except for that  out-of-control grill fire on the deck of unit 31 that nearly spread to adjacent  units; that ornery 13-year-old who broke his finger during…

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Finance Evaluating Your Manager's Performance
2009 July Evaluating Your Manager's Performance

 As recent events in the financial and insurance sectors of our economy have  painfully demonstrated, oversight and accountability are vital components in  any healthy business relationship -- and that holds true whether you’re talking abo…

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Q&A Q&A: Building Owner Incarcerated for Mortgage Fraud
2009 June Q&A: Building Owner Incarcerated for Mortgage Fraud

Q I live in a 28-building garden apartment complex with 56 units per building—some of which are rent stabilized, others of which were sold as condos. The owner of the complex is now in jail in connection with his company’s fraudulent …

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Q&A Q&A: What is Super's Compensation
2009 June Q&A: What is Super's Compensation

Q My question concerns the various forms of compensation our building’s super receives and the shareholders’ right to know the exact sum of his monthly income, as an exact cost to the building. Our super has a fixed salary, which is disc…

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Law & Legislation Celebrating a Community's Revival
2009 June Celebrating a Community's Revival

 If you’re looking for a parable for the indomitable spirit of America, the story of Red  Bank fits the bill. This now thriving New Jersey borough has a rich—but not always rosy—past.    Before the Red Bank International Film Festiv…

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Law & Legislation New Jersey is Getting on Board
2009 June New Jersey is Getting on Board

 The state of New Jersey licenses or certifies practitioners of a wide range of  professions, from doctors and plumbers to beauticians and irrigation  contractors. Is the management of community associations a profession that  requires lic…

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Law & Legislation Checking Credentials, Covering Bases
2009 June Checking Credentials, Covering Bases

 Those who handle the management of any kind of residential building deal with  contractors and contracts regularly—but they aren’t the only ones who should know about the process. It’s not necessarily an arcane topic—whether the project i…

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