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Category: Association Operations

Finance
2021 July Accrual vs. Cash

The successful financial management of a condo, co-op, or homeowners association relies upon accurate, timely, and consistent financial statements. These statements represent the financial position and results of operations of the associati…

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Finance
2021 July How Has COVID Affected the Multifamily Market?

One year-plus into the largest public health crisis in a century, New England Condominium spoke to real estate professionals across the geographic regions we cover to learn the effects that the COVID-19 pandemic has had on their specific ar…

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Finance
2021 July Where Does It Go?

The vast majority of co-op and condominium boards are well intentioned and work diligently with their management and accountants to draft and monitor their annual budgets—and recalibrate them as necessary. Despite their best efforts to keep…

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Design
2021 May Using Color to Create Mood and Make a Statement

Design is what makes the difference between a space looking like a seductive boudoir… or the interior of a cardboard box. Neither may be appropriate for a condo or co-op lobby, but somewhere in between lies the comforting, welcoming common …

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Design
2021 May Interior Design Responds to COVID

As the biggest global health crisis of modern times continues to impact the world, it leaves a wake of changes to the way we live, eat, work, play, learn, plan, and even how we dream. Humans—a species well-known for our adaptability—are fin…

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Design
2021 May Universal Design & the ADA

The idea that ‘form follows function’ is one of the basic concepts underlying nearly every design discipline—but function for whom? For many people living with disabilities, it often seems that ‘function’ covers a very narrow range of abili…

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Landscaping
2021 April Smart Multifamily Landscaping

When the sun seems to shine a bit brighter, warmer, and longer, and the first buds of spring start to appear on trees and bushes, many multifamily property managers, boards, and residents start to think about the landscaping at their buildi…

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Landscaping
2021 April Plants, Money, & Sustainability

In multifamily properties where different households share in the use, visual enjoyment, and property value of landscaped outdoor elements, a lot of factors go into deciding what and where to plant, how to maintain it, and how much to spend…

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Landscaping
2021 April Outdoor Spaces

Outdoor space, whether communal or private to individual units, has always been at the top of the most-desired amenities list for condominium and co-op purchasers.  A small terrace or balcony can add hours of quiet enjoyment to apartment li…

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Maintenance
2021 March Exterior Building Systems Maintenance

The board of any residential community has two prime directives: to maintain the financial health of the association, and to maintain the structural health of the property.  Both require a broad array of knowledge — much of which the averag…

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