Category: Association Operations

Management Creating Community in New Jersey
2015 September Creating Community in New Jersey

While high-rise residential buildings put many people and families in very close proximity to one another, living side-by-side doesn’t automatically turn a group of people into a community—sometimes it even has the opposite effect.  Lives …

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Energy Conservation A Green New World
2015 September A Green New World

These days, as the summers get hotter, the storms get bigger and climate change is finding its way into more headlines than ever before, more attention is being paid to the environment and how the average citizen can do his or her part to s…

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Energy Conservation Power-Up!
2015 September Power-Up!

The process of producing energy to metropolitan condos and co-ops has dramatically evolved in recent years. It's advanced to the point in which Lewis Kwit, the president of Energy Investment Systems in New York City, makes a relatively accu…

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Energy Conservation Don’t Trash This
2015 September Don’t Trash This

In days gone by, when you opened something up, you simply threw away the packaging. You ate your dinner and threw away the scraps, and you tossed your ratty old sweatshirt, t-shirt or jeans in the dumpster when they had more holes in them t…

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Energy Conservation The Green Movement
2015 September The Green Movement

Americans today are moving toward a more well-developed awareness of their environment, and what it takes to protect and preserve earth’s natural resources. City dwellers and suburbanites alike typically recycle paper, plastic, and glass st…

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Finance New Jersey’s 2016 Budget Plan
2015 July New Jersey’s 2016 Budget Plan

After a prolonged fight between Republican Governor Chris Christie and Democratic lawmakers, Gov. Christie signed a $33.8 billion dollar budget for New Jersey into law. Back in February, Gov. Christie proposed cuts nearly across the board …

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Insurance Network Security & Privacy Liability
2015 August Network Security & Privacy Liability

Data breaches can happen from hackers, employees, competitors, vendors or other third parties and can be intentional or accidental. It is well documented that even the best security systems are being hacked at an alarming rate. Most recent…

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Finance Flip Taxes or Transfer Fees
Flip Taxes or Transfer Fees

In New York City, it is not uncommon for boards and managing agents to levy a “flip tax,” or a transfer fee paid to the co-op or condo association by owners who sell their units. “Flip taxes are extremely beneficial as an ongoing fun…

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Insurance Filing Insurance Claims
2015 August Filing Insurance Claims

Boards and associations, just like individuals, carry insurance coverage to protect them from liability, loss and other financial and legal problems, although the issues may be a little different than the typical auto or single-family home…

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Insurance Property Insurance Basics
2015 August Property Insurance Basics

Property insurance, by definition, is a guarantee of compensation for a specific loss or damage to physical property or equipment. Within that broad and simplified explanation there is room for multiple interpretations—and more than enough…

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