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Category: Association Operations

Energy Conservation Investing in Green
2013 September Investing in Green

With today’s condo and HOA residents much more conscious of their impact on the environment and looking for ways to reduce it, smart boards and property managers are looking to help. Simple tasks like turning down thermostats, shutting off…

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Energy Conservation New Jersey Takes the LEED
2013 September New Jersey Takes the LEED

There are two ways—and only two ways—to balance a budget: increase revenue or decrease spending. Whether you’re the treasurer of a co-op board or the President of the United States, those are the only two levers at your disposal. Ene…

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Management All in a Day's Work
2013 August All in a Day's Work

Property management, in the broadest of terms, is defined as the operation, control and oversight of real estate. Most property managers would agree that definition is just a starting point, however. There are many facets to t…

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Insurance Contractor Coverage & Liability
2013 August Contractor Coverage & Liability

All professional contractors and service providers are required by law to carry insurance to cover their activities. Any condo building should also carry its own insurance to cover accidents or other incidents on the property—this could…

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Insurance Insuring Honesty and Integrity
2013 August Insuring Honesty and Integrity

When you decide to run for a board, you’re usually thinking about all the great changes you’re going to make to your building community, along with all the time and effort that you’re prepared to sacrifice for the good of your home. …

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Design Making New Things Old
2013 July Making New Things Old

 It's a sad fact that the artisans and craftspeople who created some of the most  beautiful, distinctive interior and exterior architectural elements for the  tri-state area's residential buildings are an endangered species. The  prolifera…

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Management Crowd Control
2013 July Crowd Control

 Out of nowhere, someone is regularly using the parking space you have had for  years. And strangers are appearing regularly in your building’s hallways, though you’re not sure where they belong or if they should even be there. Strangely, …

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Finance Follow the Money
2013 July Follow the Money

 If you want to find out about the history of a town, region or country, head to  a museum or look it up on the Internet. If you want to find out about your  family’s history, look at your photo album, whether it’s in a book or online. And…

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Finance Coping With Arrears
2013 July Coping With Arrears

 The foundation of any properly run condo association or co-op building rests on  residents paying their monthly maintenance fees on time and in full, with no  delays or delinquencies. However, thanks to the lingering effects of the ebbing…

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