Utility submetering is the implementation of a system that allows a condominium association or other multi-tenant property to bill tenants for individual measured utility usage by making use of individual water, gas, or electricity met…
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Utility submetering is the implementation of a system that allows a condominium association or other multi-tenant property to bill tenants for individual measured utility usage by making use of individual water, gas, or electricity met…
CHP (combined heat and power) is a marriage of electric generation and thermal power—the use of an engine, usually gas-fueled, to simultaneously generate electricity and heat. It can be done on a grand scale, as in manufacturing, hospit…
Co-ops and condos function thanks to the dedication of board members who volunteer their time and expertise to make sure their building or HOA is efficiently run and that their investment is protected. Ideally, new board members might …
To be an informed board member is the goal. For both new and seasoned members, however, there are countless challenging topics requiring specific knowledge. With new regulations and legislation on tap, it is imperative that board membe…
Most homeowners love the idea of having a swimming pool, athletic court or health club as part of their association’s grounds because it adds value to their property and it gives them something fun to do throughout the year. But HOAs th…
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 …