Home equity is one of the biggest contributors to household wealth. According to a Census Bureau report, two assets—home equity and retirement accounts—account for 63 percent of American households’ net worth. Yet, prior to the COVID-19 pan…
Category: HOA Living
The holidays: a time for upholding long-standing traditions, usually involving festive gatherings of family and friends, communal meals, sacred services, gift exchanges, visitors, and, invariably, crowds—until this year, that is. The coro…
Woodbridge-based commercial real estate brokerage firm The Kislak Company, Inc. sold several multifamily properties recently in New Jersey, according to the firm’s press releases and investor website www.ROI-nj.com . Rahway Condos Kisl…
For house-hunters in dense metropolitan areas like ours, outdoor space has always been a key amenity. While terraces, balconies and private gardens also top the list, larger outdoor spaces like roof decks and community gardens are perennial…
Occasional clashes over questionable grass-mowing technique or noisy neighbors notwithstanding, according to the 2020 Homeowner Satisfaction Survey , a new report conducted by the Foundation for Community Association Research (FCAR) …
Whether you’re living in a co-op apartment building in Manhattan, a condo on Chicago’s Gold Coast, or a townhouse community or HOA in New Jersey, Reno, or Florida, issues of legality and liability are always a concern for owners, board memb…
As states and municipalities make moves to reopen their economies after weeks of quarantine torpor, the boards and management of multifamily communities nationwide are contemplating what their own reopenings are going to look like. The boar…
Living in a high-rise, condominium, or co-op certainly has its perks. You get the convenient location, the dramatic views, attentive concierge services and a range of amenities. Fast forward a few years and what was once the new kid on the …
32BJ SEIU, the Service Employees International Union, is the largest property service workers union in the country, comprising over 175,000 members in 11 states and the District of Columbia. Members include residential doormen, porters, sup…
The Institute of Real Estate Management (IREM) announced in a June 3 press release that the organization’s IREM Foundation has established a COVID-19 Relief Fund to support real estate managers and their local communities affected by the pa…