New York City is known for its hustle - after all, as the song says: if you can make it here, you can make it anywhere. But if ‘making it’ here includes owning a median-priced home, a new report by nationwide moving coordinators HireAHe…
Q. I’d like to get the opinions of legal experts regarding boards that use the surveillance system to spy on residents they dislike, attempting to “catch” them at some behavior which may be against the building rules. So is it legal to sp…
Q. I pay HOA fees for landscaping. Not all areas of the development are the same—some streets just have ornamental trees and a minimal amount of leaves falling. My block is swamped with leaves on the ground that begin in September, but I …
Q. Our board and attorney amended some rules and regulations without sending a ballot to homeowners to vote in the changes. The attorney says the board has the right to change and amend as specified in the Radbun laws in New Jersey. Is th…
Both locally and nationally, 2022 was a year of contradiction in the real estate industry. The year began on the coattails of one of the strongest markets for homes in recent history. By early spring, with inflation rising at speeds not see…
It’s been said that it takes a village to raise a child. It can take nearly that much to run a multifamily building as well, even a small one. Residential communities require the services of a wide array of employees and professionals, rang…
What sells an apartment? Is it the feel of the space, the light, or the layout? Is it the price alone? Or something else entirely? Maybe a feeling of ‘hominess’ that calls out to the buyer: this is where you belong! Or perhaps it’s all thre…
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 …