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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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…
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…
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…
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 …
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…
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 …
“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. “…
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…
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…
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…