Condominium associations come in all sizes and shapes. They can contain hundreds of units, or as few as two. While many of the issues faced by associations are universal regardless of size, small condominium associations do face some unique…
Category: Management
Most of the time, when a problem arises in a multifamily building or community association, the go-to solution is to get management on the phone (or text, or email). The refrain usually goes something like: “Management will take care of it!…
When everyday problems arise in a multifamily building or community association, residents frequently turn to their friendly neighborhood jack-of-all-trades: the superintendent (depending on where you live, you might call him or her your bu…
While a productive building or association manager who ably navigates the day-to-day operations of one or more client communities may not have millions in the bank, it’s hard to argue that he or she is not ‘successful’ in practical terms. B…
While most of us make do with just the one home, some are lucky enough to be able to escape less-than-favorable weather for second (or even third) homes in greener pastures. But while these fortunate folks winter in, say, the Florida Keys, …
Perhaps more than any other profession within the co-op and condominium industry, managers experience the most frequent real-time challenges. Those challenges require managers to stay up-to-date with the latest innovations in the field – no…
Attractiveness and so-called ‘curb appeal’ are both vital to a building or HOA’s sense of community pride and overall value. After all, it’s hard to attract prospective homebuyers if your association’s grounds are scattered with litter, the…
While many of the co-ops, condos, and HOAs that struggled to stay solvent during the Great Recession of the mid-aughts have largely recovered, the truth is that regardless of the overall economic climate, there will always be buildings and …
As anyone with a smartphone, tablet or laptop knows, technology makes life easier in countless ways. The management of co-op and condo properties is no different, with new digital tools emerging all the time to streamline, facilitate and im…
It is not easy being a board member. There are meetings to attend, documents to review, decisions to make and neighbors to mollify. There are also a number of rules and regulations that must be followed in order to ensure that the individua…