According to recent reports, the board of the Galleria — a luxury condo on East 57th Street - is suing noted illusionist David Copperfield for over $2.5 million to repair damage to a unit he owns in the building. Copperfield purchased…
In response to the 2021 Surfside Condominium tragedy in Florida, many states and municipalities have adopted, are considering adopting, or are updating existing rules governing reserves, reserve studies and maintenance schedules for multifa…
When a condo or co-op resident runs for a seat on their board, the decision to do so generally comes from a desire to ‘step up’ and participate in the governance of the place they call home, and the building or association community as a wh…
In a multifamily building, residents who compulsively collect and hoard items - whether it be old newspapers and magazines, canned goods, pets, or even garbage - pose a threat to the safety and health of their neighbors, as well as a liabil…
As the climate crisis accelerates, numerous, diverse technologies are being designed to battle the effects of heavily polluting, carbon-based energy sources like oil and gas. Many of these innovations are coming out of the heating, ventilat…
On the long list of building-related issues that multifamily boards and residents have to be concerned about, dryer lint is not likely uppermost. A leaky roof? Definitely. A boiler on the fritz in mid-January? Absolutely. But dryer lint, no…
The boards of buildings and associations face an ever-changing landscape of laws, rules, government actions, and policies, while at the same time handling the everyday challenges of running a multifamily community, including the perennial i…
New Jersey law requires that alternative dispute resolution (ADR) be attempted before a lawsuit can proceed. This rule has the potential to save everyone involved a lot of time and money, but knowing what type of ADR is the best fit for a g…
This panel of seasoned management experts will walk recently-elected board members through what they need to know to carry out their new role more smoothly and efficiently. The discussion will include practical tips and techniques for worki…