Category: Association Operations

Along with big-ticket items like boilers, HVAC systems, and the like, residential buildings also have to purchase lots of little, everyday things like cleaning supplies, light bulbs, and paper products. Though not necessarily expensive i…

Imagine this scenario: you’re trying to purchase a co-op apartment, but also in the midst of a divorce. The board, concerned you may have to shoulder additional child support and alimony payments, fear that you might be unable to meet yo…

Boston, Massachusetts may seem worlds away from the serene Garden State, but the story of one embattled condo building there represents a dire cautionary tale for boards and managers everywhere. A couple of years ago, the residents …

New York co-op boards are notorious for scrutinizing prospective buyers with the intensity of federal investigators. The application and interview process can be lengthy and exhausting for someone looking to move into a cooperative. As s…

For the uninitiated, tax filing for something as complicated as a community association can seem a daunting task. Fortunately, there are multiple options for homeowners associations, and with a little background knowledge, you can take t…

Although the position generally offers zero compensation aside from the satisfaction of a job well done, association board members are still in charge of running a business—a business with revenues, expenses, and assets that, depending on t…

In addition to all the benefits of being part of a homeowners association, an HOA’s recreational amenities attract residents to a particular community as well. But while major amenities like community swimming pools have their advantages…

Many of us, whether we like to admit it or not, have certain images or ideas pop into our heads when we hear the term “senior citizen.” Some are quaint—slow-motion shuffleboard tournaments, for example, or spirited rounds of Bingo. Other…

All parents crave space for their kids, a place for them to play and romp and run. That’s why more and more families are intent on finding condo communities that offer something for the whole family, from playgrounds to swimming pools to…

For most people, after a long winter, warm weather cannot come soon enough. But, if you are a trustee in a community association or a property manager, spring means more than barbecues and patio furniture—it means tough decisions and exp…