Jena Ball couldn't sleep—the noise was deafening and keeping her awake night after night. The racket wasn't coming from the next door neighbors, but instead was emanating from inside her condo wall. "It was bizarre," says Ball. But …
Winterizing a condo or co-op is important every year, but with energy prices soaring, it's going to be especially important to keep your buildings protected from the elements—and your equipment running at its best—as the cold months appr…
Sixteen years ago, Wayde Scheffer was a vice-president with United National Bank in Califon, New Jersey. He was also president of his condo association board, and he wasn't particularly impressed with the parade of management companies t…
While panic and alarm are not warranted, the time is now for real estate owners, developers, lenders and borrowers to begin to pay attention to toxic mold and their potential liability for property damage or personal injury. Though the n…
Life, wrote the British playwright Tom Stoppard, is a gamble at terrible odds—if it was a bet, you wouldn't take it. And thus was born the insurance business, an entire industry devoted to placing carefully calculated wagers on the …
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 tha…
A condo or co-op development is a community, but it's also a business. And like anyone else who runs a business, an association or board needs to protect itself with the right insurance. If someone slips in the community room and gets in…
In 1997, a racially mixed couple wanted to sublet a co-op apartment at the Beekman Hill House Apartments in New York City. Nicholas A. Biondi, then-president of the Beekman Association's board of directors, refused to approve the couple'…
Living in a co-op or condo means shedding many of the worries that come with renting or owning a single-family home. There are no worries over mowing the lawn or fixing that crack in the driveway. The doorman looks after your packages an…
In any business, much of the decision-making process is based on the bottom line—is there more money coming in or going out? How do this year's profits compare with last year's? Are we getting the best deals from suppliers and vendors? …