For half a decade now, The New Jersey Cooperator’s Condo, HOA & Co-op Expo has been the annual must-attend event for the Garden State’s property managers, board members, real estate professionals, shareholders and unit owners. Returning …
2012 May
Focus on... Recreational Amenities & Programs/Expo
It’s hard to imagine how quickly technology has evolved during our lifetimes, and much of that change is a result of how much closer we’ve become—virtually, that is. Whether it’s finding cheap plane tickets, or a restaurant for a Saturda…
This is about the easiest decision—the closest thing to a no-brainer—a co-op or condo board of directors will ever need to consider: what to do with vacant space. Install storage lockers. If you already have storage lockers, inst…
You’ve got the perfect couple looking into buying a condo in your building. And they love everything about the unit. But here’s the catch—they also love everything about another building’s unit. They can’t decide which to buy. …
In an online forum, Sharon complains about her upstairs neighbor and begs for advice. Her neighbor had installed a washing machine in her unit, even though there was one already downstairs for the residents of her six-unit building to …
Water, water everywhere, and not a drop to drink,” goes the old saying. When there’s a water shortage, that saying takes on new meaning—not only is there not a drop to drink, but not a drop to water the lawns. And what is the Garden State…
By and large, a board and management company can expect payment from residents for monthly fees to be received on time and in full. These all-important funds keep day-to-day operations moving forward without hiccups. There are situatio…
As the weather gets warmer with the arrival of spring, condo, HOA and co-op residents are getting the urge to cool off in their community swimming pool or relax in their heated clubhouse spa. But before that can happen there’s…
In some densely-populated New Jersey cities and townships, parking is a big deal—it’s hard to find exactly the right space when you need it and when you do find it, it’s usually very expensive. Since parking spaces are such a hot commodi…
Many jokes have been made throughout the years at Secaucus' expense. Even its very name causes a few snickers since Secaucus is a derivation of the Algonquin words for “black” and “snake;” a more apt translation is “place of snakes,” no…
Insurance is a relatively simple concept that any homeowner can understand. You purchase a policy paying a premium to an insurer, and when a claim gets filed, the insurer pays. So in theory, insuring your co-op, condo or HOA should be v…
Think about this—nearly two million American workers report having been victims of workplace violence each year and, in the United States, fraud committed by employees cost companies approximately $20 billion annually. Workplace theft t…
With spring around the corner, many co-op and condo boards and HOAs start thinking about giving their landscaping design a fresh new look but they want to keep it within their budgets. How can this be accomplished? Some common sense qu…
Q Our annual meeting was conducted this past week during which three of the present board members were up for reelection—the president, treasurer (her fiancée) and a board member. All three were re-elected and a fourth elected since the…
Q I am the vice president of our board. Just recently we found out through a real estate agent that the president of the board is selling his unit. Does this pose a conflict of interest? In effect, should the president remain the preside…