Apartment dwellers often assume their winter heating costs are dictated by their building’s central boiler or individual electric meters—but that’s not entirely the case. While co-op and condo residents can’t just replace their windows or u…
Apartment dwellers often assume their winter heating costs are dictated by their building’s central boiler or individual electric meters—but that’s not entirely the case. While co-op and condo residents can’t just replace their windows or u…
The baseline definition of ‘luxury’ in today’s competitive real estate landscape is hazy at best, and constantly shifting. Every new development, no matter how basic, includes the term in its signage and marketing materials, and existing an…
It may not feel like it now, but winter is coming—and winterizing windows is a critical annual task for New England property managers and condominium boards. Under the strain of harsh coastal winds, sub-zero temperatures, and heavy snow, dr…
The ever-changing, often unpredictable nature of their industry requires professional property managers to be adaptable. On any given day, a manager might find him- or herself dealing with issues ranging from managing a major capital repair…
Spending decisions in shared-interest communities often reflect tension between competing priorities: Are we upgrading infrastructure, elements often invisible to the untrained eye, or are we leaning into aesthetics and high-value amenities…
Saving energy does a lot more than just reduce your association’s carbon footprint and toxic emissions—it also saves money, and everybody likes that part! The steps a multifamily condo building, HOA, or co-op can take to reduce its energy c…
Despite the well-established role fossil fuels play in the acceleration of climate change and its dire consequences, converting to renewable or ‘green’ energy raises big questions for multifamily communities. While generally supported (in t…
The Atlantic hurricane season runs from June through November, with storm activity intensifying in late summer, peaking around mid-September. And while the National Oceanic and Atmospheric Administration (NOAA) has predicted a calmer-than-u…
The past few years have been difficult for both the insurance industry and those it insures. Shared-interest communities like condominiums, HOAs, and co-ops have been hit particularly hard. The reasons for this include everything from incre…
One of the least understood aspects of shared-interest community ownership is how the protection provided by the condo association or HOA’s insurance policies fits with the policies held by individual residents. In short: in the event of a …