Category: Association Operations

 Recent developments, both legislative and environmental, have led to  considerable changes in the New Jersey insurance marketplace. And such changes,  as managers know, often lead to added paperwork, confusing requirements, and  tricky le…

New Jerseyans got a taste recently of Mother Nature’s wrath this spring when some of the worst flooding in decades damaged and destroyed homes and memories throughout Northern New Jersey. While some parts of the northern part o…

 Good afternoon—and welcome to the board. Your mission should you choose to accept it is to make  decisions to better your building. The residents may not like you and, more  importantly, may not like those decisions. Nevertheless, keep do…

 It doesn’t matter if you are managing a towering high-rise or a sprawling suburban  association, co-op and condo boards usually have their fair share of problems  to be solved and emergencies to be defused. Talk to enough people who have …

 Owners of condominiums and cooperatives in urban areas of New Jersey like  Hoboken or Jersey City with parking garages in or adjacent to their building  are blessed in so many ways. The ability to drive right up to your front door  provid…

 We all want to get what we pay for—and nobody wants to pay for goods or services they don't actually receive. This  is especially true of homeowners associations when it comes to big-ticket  municipal services like snow and garbage remova…

 As the recent recession has lingered on, co-ops and condo associations across  the region—from luxurious waterfront high-rises to sprawling suburban developments—have found more of their residents in arrears with their monthly fees. Some …

 The day-to-day costs of running a multifamily residential building are  significant. There’s the fuel oil, electric, cleaning supplies, equipment maintenance and service  calls for repair and upkeep. Then there are the insurance costs, la…

 Tsunamis, earthquakes, tornadoes—these are just a few of the devastating disasters that have made headlines  already in 2011 and created emergency situations that many never thought  possible.    As the past year’s calamitous snows…

 Perhaps one of the most difficult aspects of the recent recession was the sudden  evaporation of credit from major banks and lending institutions. The logic  behind it was understandable: too much easy credit had led, in part, to the  col…