Despite the best intentions of board members, residents, and even managers, co-op and condominium properties don’t always run like well-tuned machines. Sometimes they hit a bump in the road...and sometimes they break down completely. The re…
When a crisis hits a multifamily community—or any other organization—the difference between a good outcome and a disastrous one is often a matter of simple preparedness. Residential communities in particular need to have a plan in case of a…
Social distancing, lockdowns, quarantine, remote work, distance learning—all new terms to most of us just a few months ago—have not just entered our everyday vocabularies; they have changed the way we live our everyday lives. In a time when…
While residents of condos, co-ops, and HOAs do their part to prevent the spread of COVID-19 by staying in their homes as much as they can, they rely on the supers, porters, valets, doorpeople, janitorial workers, handymen and -women, securi…
Whether you reside in, manage, or serve on the board of a condo, HOA, or co-op, examining your building’s energy efficiency from top to bottom, inside and out, will have enormous implications for individual and communal costs, energy conser…
LED lighting - long known for its harsh, institutional glare - has come a long way since its awkward early years. These days, LED lighting is not only still exponentially more energy-efficient and long-lasting than traditional incandescent …
As multifamily owners and residents around the country ask what they can do for their property workers while the world enters its second half of a year in the grips of the coronavirus crisis, building staff employed by Parsippany-based …
According to the latest data from the U.S. Census Bureau, the median annual property tax paid by homeowners was $2,578 in 2019, or 1.03 percent of home value - not a huge percentage on average, but many households pay far more than this bas…
Every board understands that having adequate umbrella liability insurance for their building or HOA is mandatory - that's a given. But many boards don't carry Directors & Officers policies, or 'D&O,' which protects the board as a body and b…
Since the onset of COVID-19, millions of Amercians have been spending significantly more time at home. According to data from the Census Bureau, the typical American family spends about $2,850 per year - or about 22 percent of total housing…