Just like your condo association or homeowner association has to pay its taxes, it also has to pay for its insurance coverage. But managing risk coverage for an entire community is a little more complicated than insuring your family car.…
It's a fact: the survival of a condo or co-op association after an accident or injury can very well depend on its insurance coverage. Failure to obtain and maintain adequate coverage can result in financial disaster if a building suffers…
One of the most confusing aspects of owning a condo or co-op is understanding the ins-and-outs of your community's insurance coverage. The fine print of an association's insurance policy is often complicated, but for association boards, …
It's like setting your luggage on the conveyer at the airline check-in counter. Somehow your bags end up in your hands after the flight. It's just that we never quite know what happens in between letting our bag go and finding it again t…
With ownership of property comes great responsibility—and a certain amount of risk. One of the most important aspects of property ownership is ensuring that in the event of loss, damage or accident, your investment is protected. In essen…
While there are many similarities between co-ops and condos, are the two very different when it comes to things like insurance and liability? The answer is both yes and no. There are similarities, but some significant differences as…
Fort Lee, a quaint town of two-and-a-half square miles perched on the Palisades above the mighty Hudson River, is often overlooked. Millions of people have passed through Fort Lee—indeed, anyone who has ever crossed the George Washington…
Hurricane Imminent roared towards the New Jersey coast, its 120 mile-per-hour winds devastating the homes along the 80 miles of barrier islands. The Category 3 storm left a million homeless and caused hundreds of millions of dollars in d…