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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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…
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…
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.…
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…
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…
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…