Whether it’s a renovation, an emergency repair, or anything in-between, condos, cooperatives, and homeowners’ associations are rarely not spending money on something. And while they may have reserves on hand to pay for its latest project, m…
There is a natural inclination in business to work with those whom you know and trust. Relying on relationships that have developed over time is just a common-sense way to ensure a fair deal from a competent vendor who will perform their jo…
The Tax Cuts and Jobs Act of 2017 represents the first major restructuring of federal income taxes since 1986, and ushers in serious changes to how co-op, condo and HOA owners will benefit from home ownership. In many cases, the new law wil…
Perhaps more than any other profession within the co-op and condominium industry, managers experience the most frequent real-time challenges. Those challenges require managers to stay up-to-date with the latest innovations in the field – no…
In uncertain political and economic times, a condominium, cooperative or homeowners’ association may instinctively want to pinch pennies when it can, especially when it comes to relatively minor maintenance projects. If an association has i…
Architecture and design have changed a lot over the years. Considerations for ‘what-goes-where,’ are very different now than say, back in the Roaring Twenties, when so much of the region’s housing stock – and hence a large proportion of tod…
Through the ages, architecture and design have been symbols of evolution and change within societies. From the grandeur of the ancient world, to the Baroque and Romanesque masterpieces of the late Renaissance, and to the towering fancies of…
There are plenty of reasons why a condominium, co-op or homeowners’ association might see fit to spruce up its common areas. Dated décor, seasonal inspiration, excess cash on-hand, or just sheer boredom with the current look all come to min…
Attractiveness and so-called ‘curb appeal’ are both vital to a building or HOA’s sense of community pride and overall value. After all, it’s hard to attract prospective homebuyers if your association’s grounds are scattered with litter, the…
While many of the co-ops, condos, and HOAs that struggled to stay solvent during the Great Recession of the mid-aughts have largely recovered, the truth is that regardless of the overall economic climate, there will always be buildings and …