In the world of co-ops, condos, and HOAs, management plays a slightly different role than it does in the rest of the real estate world. For example, in many rental buildings, the landlord or property owner often acts as de facto manager as …
Like any profession, property management has its moments. Managers often feel a sense of great achievement when they’ve done a good job for a client community, sorting out a seemingly intractable problem, saving them thousands of dollars, o…
Even before the covidpandemic hit in 2020, more and more of us were buying more and more goods online, and having them shipped or delivered direct to our doorsteps, with no car trip, parking search, or even human interaction required. The c…
In 2017, a Boston couple were brutally murdered in their penthouse apartment in a high-end condominium building. The murderer, the former employee of a company that supplied concierge services to the condo, had worked there, and so knew the…
In the world of owned residential communities like co-ops, condominiums, and HOAs, the issue of leased or sublet units is often the elephant in the corner of the communal room. Most owners choose to buy their units because they want a stabl…
Whether you’re a manager or a board member, running a condo, HOA, or co-op has never been an easy job. There’s always a capital project to fund, a contractor to hire, a dispute to resolve, a leak to repair...the list can feel endless. Add t…
Home is where the heart is, sure – but it’s also where most of where any given owner or shareholder’s money is. For most people, their home represents their single biggest investment. And in a community association, both individual units an…
From the outside, the structure of a condo, co-op or townhouse building may appear to be monolithic; just pieces of brick, steel, vinyl or wood, punctuated with some glass here and there. That’s an oversimplification, however. A multifamily…
Whether you live in a high-rise building or a spread-out condo association, you probably take having reliable, adequate heat in the winter months for granted. But heating a multifamily community is not so easy as simply turning a dial. Ther…
In recent years, concern over accelerating climate change has put increasing emphasis on ‘going green.’ This broad trend encompasses everything from what we eat to what we wear, to how we build our homes, and how we clean them. With the glo…