In response to the 2021 Champlain Tower South Condominium collapse in Florida, Governor Phil Murphy took a crucial step toward ensuring building safety this past January by signing S2760/A4384, commonly referred to as the Structural Integri…
Bill McBride notes in his CalculatedRisk newsletter that U.S. Census Bureau data that privately-owned housing starts reached a seasonally adjusted annual rate of 1,360,000 in April, a 5.7% increase from March’s revised estimate of 1,28…
‘John’ (not his real name, in consideration of his and his neighbors’ privacy) has lived in co-op buildings for over 40 years, and in his particular co-op - a well-tended, 100% sold, mid-size building in Manhattan - for over two decades. Th…
In response to the 2021 Surfside Condominium tragedy in Florida, many states and municipalities have adopted, are considering adopting, or updating existing rules governing reserves, reserve studies and maintenance schedules for multifamily…
Q. During the warmer months, owners in our multi-dwelling building have noticed a few e-bikes/scooters with lithium batteries around our community. At night these e-bikes/scooters seem to be housed in owners’ or renters’ dwellings. Since …
Whether you’re a manager or a board member, running a co-op, condo, or HOA has never been an easy job. There’s always a capital project to fund, a contractor to hire, a dispute to resolve, a leak to repair … the list can feel endless. Tha…
This publication spends a lot of time exploring and explaining the duties and purpose of multifamily boards—the benefits and drawbacks of serving on them, and even the difficulty that many buildings and communities have with motivating owne…
As the days get longer, warmer, and more full of outdoor activity, multifamily boards and property managers must consider a whole new list of maintenance and preparation tasks to ready their buildings for the approaching summer. It’s finall…
Among the more mundane—yet vitally important—amenities in nearly every multifamily community is its mailbox and package delivery system. With the massive increase in deliveries in the Amazon Era, and especially post-pandemic, the design and…
There’s an old joke about business partners on the outs. The punchline is something like, “my lawyer is bigger than your lawyer!” Punchlines aside, though, who can you sue, when, and for what? In our litigious society, the short answer is n…