While nobody will deny the importance of formal education and training, talk to enough professionals across the property management industry, and you’re likely to hear that while school was definitely useful, the experience gained on the jo…
In his 1971 book Future Shock, author Alvin Toffler describes a society undergoing enormous structural change as a result of technological advancements—and the social stress and disorientation that came with that change. A half century late…
The topic of insurance can provoke fear in the most steadfast of board members. It’s both terrifying in what its purpose implies, and yet at the same time mind-numbingly boring. It’s also one of the most important components in protecting o…
When the average American taxpayer (or tax-dodger, one supposes) hears the word “audit,” they’re likely struck with a feeling somewhere between annoyance and terror. Usually that’s because being audited means that something has been found a…
Cash flow is the lifeblood of any multifamily residential community, be it a rental building, co-op, condo, or HOA. However, because the latter three are nonprofit entities, maintaining consistent cash flow is even more critical to their he…
Last March we reported on the legal case between Admiral’s Walk Condominium Association, located in Edgewater, New Jersey vs. Hudson Walk Conservancy over access to the Hudson River waterfront. There are new developments. Recapping the Cas…
While occasional annoyances and interpersonal friction are simply part of the cost of communal living, some behaviors cross the line from minor nuisance into legitimate harassment. Knowing the difference is important—but it can be tricky to…
With limited space, neighbors on all sides, and no back (or front) yards, apartment living has always been about the amenities. The newest must-have? Quiet rooms. A direct outgrowth of pandemic-related limitations and peoples’ desperate ne…
A current bill working its way through Congress would correct a gap in the way the Federal Emergency Management Agency (FEMA) delivers recovery assistance in the wake of natural disasters. Sponsored by Reps. David Rouzer (R-N.C.), Jerrold N…
While we tend to think of summer as a time to slow down, relax a bit, and unplug, things never really do that in the world of shared communities. New Jersey condos associations, co-ops, and HOAs are facing a number of pressing issues that l…