Energy costs are a major component in any housing environment, and one of the main areas where boards and managers look at to optimize efficiency and save money. One already popular — and growing — alternative to fossil fuels is solar energ…
When it comes to how co-op and condo communities navigate the race to address climate change, a goal like switching to 100 percent renewable energy may seem too tall an order. On the other hand, simply recycling household glass, paper, and …
Most of us rarely think twice before tossing a banana peel into the garbage can. Which is fine! Anything from a deflated bike to an old boot can usually be thrown in the trash without a second thought. But there are some items that must be …
The board of a condominium, cooperative, or homeowners’ association literally exists to serve, and to represent residents’ best interests in the day-to-day business of the association. The relationship between the owner/shareholder and the …
One of the unique things that sets co-op, condo and HOA living apart from living in a single-family home, or even a rental, is the buyer’s choice to live in a community-within-a-community. By purchasing a unit in a particular building or de…
There’s an old adage that ‘insurance is for pessimists’ – but that’s very much not the case. In the world of home ownership, and especially in shared communities, proper insurance is a critical factor in protecting not only your most import…
Insurance can seem like a mundane administrative afterthought – right up to the moment you need coverage. In a community association, just because a responsible board handles the lion’s share of maintaining the policy covering common areas …
For many people, appraisals are a mystery, from why and how they’re done to how the information gathered during the process is ultimately used. Truth is, the mystery is easily demystified. Appraisal is, for all intents and purposes, a strai…
Whether it’s a renovation, an emergency repair, or anything in-between, condos, cooperatives, and homeowners’ associations are rarely not spending money on something. And while they may have reserves on hand to pay for its latest project, m…
There is a natural inclination in business to work with those whom you know and trust. Relying on relationships that have developed over time is just a common-sense way to ensure a fair deal from a competent vendor who will perform their jo…