Self-managed communities large and small can save a considerable amount of money by eschewing third-party management and handling their day-to-day business in-house. This means the board must assume the tasks and responsibilities that commu…
Maintaining your community’s public spaces is critical to the image your community puts forward to residents, visitors and potential buyers. Frequent updating and polishing of common areas—particularly high-visibility, high-traffic areas li…
The warmth of the spring sun encourages us to get outdoors and, even in big cities where concrete is king, we can appreciate the appeal of a well-kept grassy area. Whether it’s stretching our legs on a grassy lawn in Central Park or walking…
“You only get one chance to make a great first impression,” goes the old adage. That’s the essence of curb appeal. When someone arrives at your property, they can be pleasantly surprised, or disappointed. Much of that reaction will depend …
More rain, higher temperatures, altered growing seasons; the effects of climate change are not just felt at the macro level, but at the micro level, too—and perhaps even more profoundly. For the myriad of professionals who tend our grounds,…
It’s been a dramatic few years for the condo and co-op market, swinging from red-hot to rather difficult, with most regions nationwide feeling at least some of the effects. Some of the factors underlying the shifts are rooted in pre-pandemi…
One of the certainties of living in a condo, co-op, or HOA is that despite all having an equal stake in the financial and administrative success of the building or association, only a small percentage of residents choose to take an active r…
The term ‘diversity’ encompasses an expansive range of demographics within a population, from ethnicity, age, gender and orientation, ability, religion, and socioeconomic status to culture, language, and personal lived experience. These fac…
In multifamily communities, transparent and open communication helps ensure smooth operations and leads to greater resident satisfaction. When it comes to property management, both traditional and more tech-savvy communication approaches,…
Among the many factors necessary for multifamily residential buildings to achieve financial stability, proper budget planning, compliance, and trust among shareholders, effective fee management is one of the most important. Understanding th…