Most U.S. municipalities have local laws on their books governing how exterior building façades must be inspected, maintained and repaired. While such legislation is occasionally enacted at the state level, generally these laws are a local …
With summer travel on the horizon, now is the perfect time for managers and residents to assess and refine their strategies for handling short-term vacancies in their buildings. When residents are away, no matter the duration, pre-planning …
Keeping a building dry is both an interior and exterior challenge. All buildings, regardless of materials and construction, are at risk of water infiltration and moisture build-up in walls, ceilings, window wells and roof materials. This …
Transparency is touted as a cornerstone of good board governance. Shareholders and unit owners want—and have the right—to see what goes on behind the curtain at board meetings and better understand why certain decisions are made. Residents …
As electric vehicles (EVs) have become more popular, more and more reports of fires and explosions caused by the lithium-ion (Li-ion) batteries that power them have made the news from coast to coast. Any fire in a multifamily setting is inc…
Securing residents’ property and personal safety has always been of primary concern for shared interest communities, be they high-rises, townhomes, or suburban HOAs. A generation ago, security technology was pretty much limited to human gua…
While climate change may have reduced the frequency of multi-foot snowfalls in the New York metro, when we do get dumped on, the precipitation tends to be heavier and icier than the fluffy drifts of decades past. With that shift comes conce…
At the bedrock of a shared interest community, like a condo or co-op, is how and by whom the property is managed. While self-management may make the most economic sense for smaller communities, and there are certainly good examples of effec…
It’s a truism that nothing lasts forever—and that includes management contracts. Shared interest communities change management companies all the time, and for a variety of reasons. Those reasons can range from cost to effectiveness and ever…
In the world of owned residential communities like HOAs, condo associations, and co-ops, the issue of leased or sublet units is often the elephant in the corner of the communal room. Most owners choose to buy homes in shared-interest commun…