Anyone who lives in a city—or across a river from one—that is a popular tourist destination has likely played host to a procession of family, friends, friends-of-family, and other assorted houseguests over the years. To address this (an…
Category: Board Operations
When it comes to running board elections in a condo or co-op community, the biggest concern among those involved is making sure the elections are fair and balanced and nobody has a reason to cry foul. Elections can be heated as it is, …
Being elected to the board of directors of a condominium association or cooperative comes with a great deal of power, and with that power also comes a great deal of responsibility. Whether they serve a condominium association or cooper…
Many co-op and condo owners want to get involved in their community but they soon find out that being on the board is no picnic. Soon neighbors are pestering them asking for feuds to be settled, decisions that affect all resident’s liv…
Nothing remained in the New Jersey townhome after the owner, exasperated and struggling, financially picked up and left. And took everything with him. “Not only did he walk away, but he gutted his house,” says Joseph J. Balzamo, a presid…
Few volunteer jobs are as big and involving as serving as a board member for a co-op or condo. In some cases, it means helping to run a multimillion-dollar corporation in one’s spare time. It means managing the place one lives—along wit…
One of the trickier problems to deal with when you live in a co-op or condo is dealing with board members who sometimes let the power go to their heads. Even though they are entrusted with a great deal of responsibility in the smooth r…
Communication—there is probably no single concept more important to fostering and maintaining the relationship between homeowners, board members, property managers and professional service providers within the industry than clear, effec…
Think about this—nearly two million American workers report having been victims of workplace violence each year and, in the United States, fraud committed by employees cost companies approximately $20 billion annually. Workplace theft t…
A co-op or condo community’s annual meeting is just business, though these gatherings can sometimes be the site of personal acrimony, or feuding between residents. But annual meetings needn’t be a source of friction, and can serve as a …