Category: On The Board

No matter what the job—be it flipping burgers at a chain restaurant or running a multinational investment firm—employees should be given periodic reviews of their performance to assess how they’re doing and identify both their strengths …

During the day, J.R. “Sankarasivam” Jeyaranjan works 40 hours a week as a bank risk manager. At night and on weekends, and during pretty much any spare time he has, Jeyaranjan is president of his Jersey City co-op’s board of directors, …

Conventional wisdom holds that if you have to have neighbors, you’re better off living next door to owners than renters. By definition, owners have a stake in their building, and are supposedly better neighbors. They are cleaner, quiete…

Sometimes, no matter how much it may pain us to do so, we all have to say or do unpleasant things. That can certainly be the case for co-op and condo board members, most of whom will one day face the dreary prospect of raising maintena…

It’s sometimes hard to grasp how fast technology has evolved in such a short time. Whether it’s finding cheap plane tickets or finding a date for Saturday night, the Internet can do it all. Technology has transformed the way we communic…

In any association of two or more parties, clear communication is essential to ensure a mutually beneficial relationship. In an HOA, there are interlocking relationships, such as between the board and the manager, and between the board…

Most co-op and condo boards that hire property managers, rather than manage themselves with in-house staff, are reasonably satisfied with them. After all, the managers are presumably trained and experienced professionals. But now and t…

Reality television has made an industry out of putting people in challenging or high-stress situations, sitting back, and letting the “unscripted” drama play out. Shows like “The Apprentice” and “Survivor” drew weekly audiences of millio…

It is an annual rite of passage for owners of co-ops and condos. Once a year or thereabouts, they gather in a common area—in my old building it was the basement, right off the washers and dryers—and vote for next year’s board. Sometimes …

Like it or not, e-mail is a permanent fixture of contemporary business communications. In real estate, board members and property managers use e-mail to discuss the most official and the most personal matters of their lives, from sched…