In many ways co-op, condo, and HOA living represents the most basic form of representative democracy. Like the ancient Athenians, we gather periodically to elect a small group from among us to represent our joint interests and to oversee th…
Among the keys to successful governance of residential communities is continuity. The most basic of democratically elected units, co-op, condo, and HOA boards are the custodians of their community’s welfare, success, and continued operatio…
In the world of co-ops, condos, and HOAs, management plays a slightly different role than it does in the rest of the real estate world. For example, in many rental buildings, the landlord or property owner often acts as de facto manager as …
Over the last few decades, property technology, or 'proptech' has completely transformed how we live and work. Historically, the real estate industry has been slow to embrace technology - which means many co-op and HOA boards are missing ou…
Despite the acute recent rise in interest rates, the tristate condominium and co-op market continues to show strength; a decline doesn’t seem to be imminent - at least not in the foreseeable future. For many seeking home ownership in a more…
According to a new study by Construction Coverage examining where and to what degree homebuyers are most impacted by rising mortgage interest rates, those rates are now more than double what they were in early 2021. As a result, spirali…
Even before the pandemic, the part of the tech sector specifically serving apartment dwellers was evolving fast. Virtual doormen, package and delivery tracking, online portals for work orders, document access, and other resident business we…
While visions of sugar plums may be dancing through your head this time of year, if you’re sitting on the board of your condominium or co-op it may be time to think about projects a bit further down the road; specifically, projects that are…
The holiday season is well underway, with trees, wreaths, twinkle lights, and all the other festive trimmings coming out of storage and going up in lobbies, hallways, and other common areas. Many co-op and condo residents are also breaking …
In a recent report , building and development consulting firm Construction Coverage looked at the best and worst months to buy a home in different locations throughout the U.S. They found that nationwide, home prices peak in the summer m…