Money, money, money. The world runs on it. And your building’s well-being depends on it. The issue is not just having funds, but managing them. Handling the purse for an entire building or HOA is a major responsibility, and boards -- even …
There are few feelings worse than encountering an unexpected expense and finding the piggy bank empty. That is why reserve funds and reserve studies are such important elements in the financial well-being of co-ops, condos and homeowners’ a…
Like people, buildings age. Even under the best of atmospheric conditions, dust, dirt and grime accumulate, changing a building’s appearance over time. Often it’s not until a building’s façade is cleaned that one notices how it was dirty to…
When a building, HOA or an individual apartment owner starts a big project, coordinating phases of work, construction schedules, and other logistics can seem like an extremely daunting task. It’s a lot to orchestrate and keep track of – so …
In any large city, parking is a big deal—it’s often hard to find, and when you do find a spot, it can be very expensive. Parking spaces not only provide urban drivers with freedom and mobility in the crowded cityscape, but they can be a ser…
Today, some eight years after the Great Recession, financing for co-op and condominium buildings and individual unit purchases is widely available. The market is overall quite healthy, and though there have been some systemic changes to th…
California has its landslides, the Midwest its tornadoes, Florida its hurricanes, and New Jersey has...sinkholes. They’re sort of like your own personal earthquake. There are many famous sinkholes, both large and small. The largest in the w…
After nearly a decade of slow but steady progress back from the depths of the Great Recession, New Jersey is showing signs of real growth and prosperity. According to the U.S. Bureau of Labor Statistics, New Jersey added 61,000 jobs last y…
Trees may seem like the ultimate in low-maintenance landscaping; they’re naturally occurring, live for decades (sometimes centuries), don’t really require much in the way of watering, and sometimes don’t even need pruning. But while all t…
Building maintenance follows a schedule based on the seasons, each of which presents a unique set of challenges to a co-op or condo. At certain times of the year, it just makes sense to do certain regular maintenance projects: weatherizing,…