Nestled on three and a half miles on the Hudson River at the foot of the Palisades, Edgewater borough is a small nugget of New Jersey’s Gold Coast. With a growing, young population looking for proximity to Manhattan, as well as a communi…

For many years—or at least until the energy crisis of the 1970s—urban and suburban planners didn’t seem to care much about conserving natural resources. Suburban towns were laid out in such a manner that you had to drive everywhere—even …

They don’t call it “the bottom line” for nothing. When all is said and done, pretty much everything in business (okay, pretty much everything, period) comes down to money. In most business situations, a company CEO or president has the f…

Along with big-ticket items like boilers, HVAC systems, and the like, residential buildings also have to purchase lots of little, everyday things like cleaning supplies, light bulbs, and paper products. Though not necessarily expensive i…

Imagine this scenario: you’re trying to purchase a co-op apartment, but also in the midst of a divorce. The board, concerned you may have to shoulder additional child support and alimony payments, fear that you might be unable to meet yo…

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…