Category: On The Board

Management Relations Revenue vs. Reductions
2012 January Revenue vs. Reductions

 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 …

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Board Operations Annual Meetings Can Build Community
2011 October Annual Meetings Can Build Community

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 …

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Board Operations Vendor Negotiations 101
2011 October Vendor Negotiations 101

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 …

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Board Operations NJ Confidential
2011 October NJ Confidential

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…

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Board Operations Evaluating Management Performance
2011 October Evaluating Management Performance

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 …

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Board Operations Good Board, Bad Board
2011 July Good Board, Bad Board

 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 …

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Law & Legislation Collecting Unpaid Debts
2011 June Collecting Unpaid Debts

 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…

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Law & Legislation Selecting an Appropriate Vendor
2011 June Selecting an Appropriate Vendor

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…

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Law & Legislation Watch Your Mouth
2011 June Watch Your Mouth

 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…

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Law & Legislation Little Falls, New Jersey
2011 June Little Falls, New Jersey

 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…

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