Along with competent, engaged leadership, good management is fundamental to the successful operation of any shared interest community—and the basis of good management is in large part spelled out in the contract between the community and it…

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Along with competent, engaged leadership, good management is fundamental to the successful operation of any shared interest community—and the basis of good management is in large part spelled out in the contract between the community and it…
With cannabis use becoming increasingly normalized (as of 2023, 38 states permit medical marijuana use and 23 permit both medical and recreational consumption), co-op and condo administrators are faced with yet another quality-of-life issue…
The data is in: striking a balance between our personal and professional lives is a key component of happiness and general wellbeing. But how does one do that when one’s job is potentially a 24/7 situation? Take multifamily residential man…
After a long period of low rates marked by high levels of activity in financing, the dramatic climb in interest rates over the past two years has presented challenges for co-op buildings faced with refinancing their underlying permanent mor…
A new year always comes with reports of new trends in everything, be it fashion, food…or lobby and common area design in residential communities. Furnishings and design, like clothes, are the subject of style and vogue that morph and change…
As 2023 draws to a close, the New York metro’s co-op and condominium communities are feeling the consequences of a long, slow, persistent market decline brought on by the pandemic, rising interest rates, and inflation. That decline has mean…
Congratulations! You’ve just been elected to the board of directors, and given your first monthly financial packet. Like many new board members, your first thought is, “This is so confusing. Glad I’m not the treasurer - I don’t have to unde…
For many, glass façades are the epitome of contemporary urban architecture and design. Sleek, clean, modern—sometimes super-modern—a glass exterior gives the impression of an Emerald City of the future, rising above the bricks and mortar of…
Nobel Prize–eschewing poet and folk-rock music legend Bob Dylan might have been the first person to be known as “going electric” (at the Newport Folk Festival in 1965), but as with much of his oeuvre, the world is now following in his foots…
Living in close quarters can—and often does—lead to conflict. In co-op, condo, and HOA communities, conflict can occur between residents, or between a resident and the board. And to complicate matters, a seemingly isolated conflict between …