Boston, Massachusetts may seem worlds away from the serene Garden State, but the story of one embattled condo building there represents a dire cautionary tale for boards and managers everywhere. A couple of years ago, the residents …
New York co-op boards are notorious for scrutinizing prospective buyers with the intensity of federal investigators. The application and interview process can be lengthy and exhausting for someone looking to move into a cooperative. As s…
For the uninitiated, tax filing for something as complicated as a community association can seem a daunting task. Fortunately, there are multiple options for homeowners associations, and with a little background knowledge, you can take t…
Q My dad put my brother’s name on his co-op stock last year. But in the place where he lives you can only have two names on the stock certificate. I was wondering if something happens to my dad, can he leave his half of the stock to my…
Q Periodically, the board of directors of our condominium encounters a situation where water leaks intermittently from one apartment to the apartment directly beneath (and/or adjacent units). More often than not, this is due to water d…
On October 24, 2007, Governor Jon Corzine signed the Predatory Towing Prevention Act to prevent tow truck operators from “taking advantage of vulnerable citizens and holding their vehicles hostage for exorbitant fees.” On October 19, 200…
Recognizing that New Jersey has been spending its way into deficit for two decades, Governor Jon Corzine’s $33 billion proposed 2009 budget calls for numerous cuts to pare down expenditures. Cutting spending is the first step to getting …
On Wednesday, May 14th, The New Jersey Cooperator and parent company Yale Robbins, Inc. hosted the first-ever annual New Jersey Condo, HOA & Co-op Expo at the Meadowlands Exposition Center in Secaucus. Nearly 150 exhibitors lined th…
Every community needs an established set of rules and regulations for the organization to function properly and the residents to live in harmony with one another. HOAs are no exception. The rules and regulations of a condominium communit…
A building or community’s onsite staff and workers are an integral part of any co-op, condo or HOA. As they go about their daily duties on behalf of your board and residents, your workers must be provided with a safe working environment …