As members of co-op corporations and condominium associations, we often hear the term fiduciary duty bandied about. But what does it really mean to be a fiduciary? Stated simply, the term ‘fiduciary’ means trust. When a person managing the…
As members of co-op corporations and condominium associations, we often hear the term fiduciary duty bandied about. But what does it really mean to be a fiduciary? Stated simply, the term ‘fiduciary’ means trust. When a person managing the…
Homeownership is a long-term commitment for most. In the context of a multifamily community like a condo or co-op, it’s not unusual for many owners and shareholders in the building to have purchased their units around the same time in early…
The impacts of climate change are vast and interrelated. While natural factors like solar variations, the planet’s orbital shifts, and volcanic eruptions occur cyclically and have nothing to do with people, human activity adds significantly…
Cleaning products are designed with a straightforward goal: to reduce dirt and grime. But once you delve deeper into their overall purpose, things become more complex. What makes something really clean? Does it just look shinier? Smell bett…
Energy efficiency and reducing emissions has become a hot topic (no pun intended) in recent years across New England, with more and more gadgets and devices coming on the market specifically designed to use less energy and save money. Savin…
Perhaps the most pressing long-term issue for our society and the planet as a whole is the threat posed by climate change. While some may still deny the established facts, the reality remains that the world is warming at an unprecedented—an…
Any community looking to create and/or maintain a landscaped area these days ought to consider integrating smarter, greener practices and products to maximize environmental benefits, minimize overuse of resources, and sustainably provide be…
Over the past few years, operating expenses for everything from fuel to labor to the cost of cleaning supplies have been steadily rising—and disrupting co-op and condo association budgets—all over the country. The premiums for properly insu…
Everyone wants to be a good neighbor—at least that’s what we’d like to believe. But, living in small spaces and sharing common areas can (and unfortunately does) lead to occasional conflict. That’s the unintended but inevitable consequence…
When a condo or co-op resident runs for a seat on their board, the decision to do so generally comes from a desire to ‘step up’ and participate in the governance of the place they call home, and the building or association community as a wh…