Budgeting is never easy, not for a family of four and certainly not for a co-op or condo community of hundreds. That fact is made all the more difficult by the lingering effects of the recession, which continues to wreak havoc with our …
Category: On The Board
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 …
You can’t operate a condominium or co-op without a myriad of services, which is why a well-run home association or building requires that it has strong vendor relationships. That means getting supplies and services smoothly and at the …
This in an anxious time in which to sit on the board of directors. With defaults and foreclosures accounting for some 20 percent or more of the units at some condominiums, frustration among board and association members is off the char…
The relationship between boards and management is by its nature complex. The two sides rely upon one another to ensure the smooth oversight of their co-op and condo communities. Both are dedicated to doing everything possible to create …
It doesn’t matter if you are managing a towering high-rise or a sprawling suburban association, co-op and condo boards usually have their fair share of problems to be solved and emergencies to be defused. Talk to enough people who have …
Consider the following all-too-common scenario: your condominium association has one delinquent unit owner who owes three months of common charges totaling $915.00 before late fees. Statements have been sent without response, and telep…
Choosing a competent contractor to complete a planned or unplanned project is more difficult now than ever before. In today's economic climate, often inexperienced contractors might be eager to submit proposals for projects. W…
In the course of human events, it's almost inevitable that somewhere, at some point, tempers will flare and someone will say something awful about someone else. It can happen after the PTA meeting, in the gym, at the office...even in o…
The township of Little Falls, named for the beautiful Passaic River waterfall that spills downstream from a dam in front of the former Beattie Carpet Mill, traces its heritage to 1711. The nearly three-square-mile town is bordered by th…