Page 3 - New England Condominium November 2021

NEWENGLANDCONDO.COM NEW ENGLAND CONDOMINIUM -NOVEMBER 2021 3 Trends in Multifamily Building Technology ........1 Façade Inspections ........1 The forward march of innovation is constantly changing the face of nearly every indus- In light of the tragic condo building collapse in Surfside, Florida, earlier this year, condo try—including residential real estate. To keep co-ops, condominiums, and other multi- and co-op boards, as well as rental building landlords, are taking a hard look at their family communities functioning optimally, we need to keep abreast of the latest advance- building system inspection policies. While all mandatory inspections exist for a reason ments in building systems. Here are a few of the latest trends. Rebuilding Community......1 Among the most unfortunate effects of the COVID-19 pandemic is the chill it cast—and is While insuring your association against potential catastrophes can be a daunting proposi- still casting—over social activities nearly everywhere, including in multifamily communi- tion for a board made up of volunteers, it’s a crucial part of the job. Fortunately, there are ties. So little was known early on about how the virus was spread that group social activi- delineated starting points, ample resources, and industry professionals to which a board ties—the backbone of many co-op and condo communities, especially those designed for can turn for guidance. residents over 55—were put on indefinite hold. No more holiday parties, book clubs, or fitness centers. and should be taken very seriously, among the most critical is façade inspection. Insurance Basics...............6 Yale Robbins Publisher Henry Robbins Executive Vice President Joanna DiPaola Associate Publisher Hannah Fons Senior Editor Darcey Gerstein Associate Editor Pat Gale Associate Editor Shirly Korchak Art Director Anne Anastasi Production Manager Alan J. Sidransky Staff Writer Alyce Hill Director of Sales Copyright 2021 by New England Condominium Magazine LLC, dba Community Association Publishing.All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without prior written permission. New England Condominium is published monthly in New York, New York by New England Condominium Magazine LLC, dba Community Association Publishing, 205 Lexington Ave., 5th Floor, New York, NY 10016. 508-753-4630. ISSN 1550-946X. Periodical postage paid at New York, New York and additional mailing offices. Subscriptions are available free by request to condominium and homeowner associations. POSTMASTER: Please send address changes to New England Condominium Magazine, 205 Lexington Avenue, 5th Floor, New York, NY 10016. FREE Subscriptions for Board Members, Trustees, Property Managers and Real Estate Decision Makers. To Subscribe, please visit us at: newenglandcondo.com/subscribe TABLE OF CONTENTS Pulse...... 4 Q&A...... 5 Vendor Directory . . . . . 10 Marketplace...... 18