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Category: On The Board

Owner Relations Taming Transient Turmoil
2013 February Taming Transient Turmoil

 As housing markets in many parts of the country—including New Jersey—have foundered, many developers have opted to convert portions of communities  originally intended to be condominiums into rental properties.    When a developmen…

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Owner Relations Neighbor to Neighbor
2013 February Neighbor to Neighbor

 When someone moves into a community, they often look for the friendliness and  camaraderie that living in an association brings. But with many personalities  often butting heads on everyday living situations, it can often get tense and  t…

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Board Operations Knowledge is Power
2013 January Knowledge is Power

 While essential to the successful operation of all cooperatives or condominiums,  governing documents are often only glossed over by otherwise well-intentioned  board members, residents and property managers leading to potential pitfalls.…

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Board Operations Meeting Masters
2012 December Meeting Masters

 Disorganized and poorly-run board meetings are time-wasters that can make even  the most ardent board member cringe at the thought of an upcoming session. On  the flip side, a well-run board meeting can be a productive hour or two or  thr…

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Board Operations The New Jersey Exchange
2012 October The New Jersey Exchange

 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…

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Board Operations Getting Out the Vote
2012 October Getting Out the Vote

 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,  …

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Board Operations Fiduciary Duty
2012 October Fiduciary Duty

 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…

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Board Operations The Benefits of Being on the Board
2012 October The Benefits of Being on the Board

 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…

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Board Operations When Owners Don't Pay
2012 October When Owners Don't Pay

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…

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Board Operations Getting Ahead of the Curve
2012 October Getting Ahead of the Curve

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…

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