Unpaid Assessments & Elections – Practical Strategies to Help Your Board Handle These Never-Ending Challenges 2024 NJ Expo Seminar Sponsored by: Ansell Grimm & Aaron PC

By The Cooperator Staff 21 June 2024 Seminars

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The Collections Process

Why It’s Critical to Community Health

Coin with arrows concept for funds transfer

Don't Bet on Flip Taxes

A Slower Market = Less Revenue for Buildings

Q&A: Dirty Water

Miami Beach Surfside, FL, USA - June 26, 2021: Champlain Towers remains 2 days after collapse owners personal belongings visible hanging from the units

New Law Sets Reserve Requirements for NJ Communities:

An Interview With Attorney Michael S. Simone

Collections in 2020

Why Race Matters

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Collecting Delinquent Common Charges

What Can Your Board Do?

News

9/24/2024 Garden Communities Delivers Signature Apartment Building at The Metropolitan Near Newark - Yield Pro

Garden Communities has delivered the signature multifamily building at The Metropolitan, the company’s new, luxury mixed-use development in Springfield. The significant milestone coincides with the launch of indoor and outdoor lifestyle amenities at this desirable suburban location.
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9/17/2024 322 3rd Street Brings Boutique Condo Living to Downtown Jersey City

Jersey City is getting ready to welcome a stunning new Downtown condominium addition: 322 3rd Street, presented by Matthew Gray and Marc Brenner of Nest Seekers International. This boutique development is offering just four units, each with two bedrooms plus a den. The highly anticipated project is already generating buzz, and interested buyers can sign up here to receive exclusive information on the homes.
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9/16/2024 This huge urban N.J. condo for sale is more like a suburban home. See why. - NJ.com

“It’s a needle-in-the-hay-stack home and it needs a needle-in-the-haystack buyer,” said Dale Fior, of Brown Harris Stevens, the listing agent. “It’s not something you’re going to run across very often and neither is the buyer.” The condo is located in the historic Wells Fargo building on Pavonia Avenue.
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9/13/2024 New 14-unit condo property hits the market near Long Branch oceanfront, Elliman says - Real Estate NJ

A collection of 14 condominiums two blocks from the Atlantic Ocean has hit the market in Long Branch, with move-ins slated for Memorial Day 2025.
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9/11/2024 Kushner secures $415M in construction financing for redevelopment of Monmouth Mall - ROI NJ

The project, set to redefine the area, will transform the underutilized space into a modern, open-air town center featuring 990,000 square feet of retail and restaurant space, including a Whole Foods Market, an expansive public green, a network of pedestrian pathways, 1,000 residential units and medical office space.
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9/9/2024 Kitchen Fire Sparks At Hillsborough Condo - NJ Patch

A kitchen fire in Hillsborough caused residents to evacuate last Thursday.
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9/6/2024 Nuveen Real Estate Provides $44M Refi for New Jersey Apartment Complex - Commercial Observer

Tulfra Real Estate has secured $44 million to refinance The Delford, a 160-unit luxury apartment building that opened this year in Bergen County, N.J.
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9/5/2024 New Luxury Apartment Building Opens In Montclair - Patch

A new luxury apartment building is open in Montclair: “The Clair.” The 40-unit building is located at 37 Orange Road near the Bloomfield Avenue corridor. It includes one and two-bedroom apartments, and a variety of amenities that include valet parking, package service, community wi-fi, electric vehicle charging stations, a clubhouse and business center, an outdoor courtyard with grills, a roof terrace and in-unit house cleaning.
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9/4/2024 New Jersey’s New Structural And Reserve Study Mandates: 3 Key Things To Know - Bis Now

New Jersey will soon require condominium buildings to conduct more stringent structural inspections and perform more frequent reserve studies to ensure they have funds for structural maintenance and repairs. The law takes effect in 2026, but the time to prepare for compliance is now, according to those familiar with the new mandates.
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8/30/2024 Bailey details plan to transform Monmouth Park with residential, hotel and community spaces - Real Estate NJ

Real estate magnate Morris Bailey has unveiled plans for a sweeping mixed-use development on some 80 acres alongside Monmouth Park, in a project that is decades in the making and long seen as a key to the future of the iconic Jersey Shore racetrack.
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8/27/2024 Condo destroyed by fire in Mays Landing, NJ, Friday night - WPG

At least one condo unit was destroyed by fire late Friday night in Mays Landing. The Laureldale Volunteer Fire and Rescue Company says their members were called to The Woodlands complex on the Black Horse Pike just after 11:30 for a reported structure fire.
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8/19/2024 Benefit Street Partners Lends $210M on New Jersey Condos Project - Commercial Observer

WHK Development, a joint venture among Chinese investment partners, has nabbed $210 million of construction financing to build a condominium development in New Jersey overlooking the Hudson River.
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8/15/2024 North Jersey city to see the region's third highest number of new apartment units in 2024 - NorthJersey.com

Some people prefer to have a luxury rental experience, defined by state-of-the-art amenities and shiny new finishes. And if this is your cup of tea, there's one North Jersey town that may have plenty of options that offer everything you're looking for.
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8/13/2024 Toll Bros. debuts 259-unit condo tower in final phase of Jersey City redevelopment - Real Estate NJ

Toll Brothers Inc. has unveiled the final piece of its Provost Square development in Jersey City, delivering a 34-story high-end condominium tower in tandem with Sculptor Real Estate.
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8/12/2024 How to assess a resident’s request for an emotional support animal - Yield Pro

In New Jersey, the Division on Civil Rights is handling a large number of complaints and has not only publicly announced enforcement activities and fines against landlords, in one matter it made a $20,000 settlement with a co-op board for denying a tenant’s daughter an emotional support dog after her father’s death.
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8/8/2024 State introduces new rules that would increase building elevations at the shore - Breaking AC

The N.J. Department of Environmental Protection Monday proposed rules that would make it the first state to modernize land-resource protection regulations to address the current and future impacts of a changing climate.
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8/5/2024 Kushner Starts Construction of Apartment Complex in Colts Neck, New Jersey - Costar

Kushner Cos. has kicked off its third project in Monmouth County, New Jersey, this year, starting construction on Colts Neck's first luxury apartment complex.
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8/2/2024 Downtown Jersey City neighborhood groups, condo association vow to fight hotel project by connected developer - NJ.com

A prominent Hudson County developer and restauranteur operates businesses on county- and a state-owned land. But he’s not getting an eight-story hotel on the site of a former bank in Downtown Jersey City, seven neighborhood groups vowed. At least not without a fight.
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8/1/2024 Union City’s Premier New Residences: Tailor House at 38 Offers Upscale Living and Garage Parking - Jersey Digs

The new condominium building has a mixture of spacious one- and two-bedroom homes with floor plans ranging from 796 square feet to 1,191 square feet. Each residence includes one garage parking spot in the building’s garages, with additional parking spots available.
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7/29/2024 NJ condo and apartment owners discriminated against tenants with disabilities, state says - Northjersey.com

New Jersey's Division on Civil Rights says it's considering penalties against landlords and property managers in eight cases of alleged discrimination against tenants with disabilities.
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