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Category: Association Operations

Management That's Capital!
2012 November That's Capital!

 Sooner or later, every resident living in a condo, HOA or co-op community will  have to deal with the inconvenience of living through a major capital  improvement project—a roof replacement, an elevator rehab, serious exterior work, or so…

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Maintenance Smart Buildings, Smart Boards
2012 November Smart Buildings, Smart Boards

 If phones can be “smart,” why not buildings? With the ever-expanding array of consumer technology  available today, it should come as no surprise that residential buildings are  able to incorporate more and more cutting-edge technology in…

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Maintenance On the Bricks
2012 November On the Bricks

Brickwork is everywhere across the Garden State. Around since the early 1600s, the popular building material is commonly used not only because of its aesthetic appeal but also because of its practicality. “Brick is the most be…

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Maintenance Covering Your Bases
2012 November Covering Your Bases

Warranties for products are simple to understand, most people might think. You go to the store, buy a computer or a DVD player or a TV, or even a larger appliance like a refrigerator, and you get a piece of paper describing a one-year …

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Finance Flush with Cash
2012 October Flush with Cash

 In December 2008, the National Bureau of Economic Research announced that the  United States was in a recession that had started back in December 2007. The  official announcement was old news for most Americans.    Most financially…

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Finance What's in Your Wallet?
2012 October What's in Your Wallet?

 Unless it's a thoughtful gift or a party in their honor, nobody likes surprises.  That's especially true when it comes to sudden, serious, or non-negotiable  repairs to a condo building or HOA. A community must have enough money saved to …

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Finance The Nuclear Option
2012 September The Nuclear Option

 “We have 500 condo accounts and I can count on one or two hands the number of the  ones that are not having issues with arrears,” reports Karen Sackstein, CPA, whose accounting firm, The Condo Queens, is based  in Fair Lawn, New Jersey. “…

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Management Managing Diverse Communities
2012 September Managing Diverse Communities

New Jersey is one of the most diverse areas in the United States. Its proximity to two melting pot cities, New York and Philadelphia, only magnifies what is already a diverse mix of people. In any sizable community, people from…

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Management Under New Management
2012 September Under New Management

For the most part, human nature is fearful of change, and that’s why people are more likely to stick with what they have and what they know, rather than explore new possibilities. That’s definitely the case with condos and co-o…

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Energy Conservation Board Members for Life
2012 September Board Members for Life

 It is one of life’s eternal questions: is it possible to have too much of a good thing? That  question certainly can apply to the matter of long-serving board members, those  individuals who get elected and re-elected term after term. And…

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