You may have heard that thanks to cooperative corporations being included in the new federal Stimulus Bill passed at the end of December, residential co-ops can now obtain loans under the Fed’s Paycheck Protection Program (PPP). While this …
When one buys a private single-family home, it’s clear who the king or queen of the castle is: the homeowner. When it comes to condominiums and cooperative apartments, however, the relationship between owner and property is a little more co…
While residents generally like the idea of community that living in a condominium or co-op provides (that’s why many opt for this type of ownership), few are as excited about the idea of serving on their community’s governing board, or on a…
Condos and co-ops are unique in their management structure, of which there are two levels: the board of the association or corporation, which governs the community on behalf of the unit owners or shareholders, and a hired management agent, …
New England Condominium presents a Cooperator Events Virtual Town Hall: What's Your Plan? - Understanding Capital Projects and Smart Planning. Sponsored by Schernecker Property Services, Inc. Tuesday February 2nd, 2021 at 1:30 PM EST. …
Whether you live in a super-luxe Park Avenue co-op in New York City, a beach-front condo in Florida, a sprawling HOA in Nevada, or a multifamily community in the Berkshires, one thing is certain: you have neighbors. Hopefully they’re the pe…
Residential communities such as condos, HOAs, and co-ops are unique in that they take the governance of their properties into their own hands. While most properties do have managing agents to oversee staff and to handle the day-to-day opera…
New England Condominium presents a Cooperator Events Virtual Town Hall: COVID Complications - Unraveling the Pandemic's Financial, Physical, & Administrative Crisis for HOAs, Sponsored by: Marcus, Errico, Emmer & Brooks, P.C. Thursday Aug…
A few years ago, I was on the phone with a homeowner. He was irate with how his community’s money was being spent. He was unhappy with the budget increase. It was a call I took regularly from any one of my homeowners (and more often than no…
New England Condominium presents a Cooperator Events Virtual Town Hall: An Ounce of Prevention - Matching Your Reserve Budget to Replacement Costs. Sponsored by Sterling Remodeling and Restoration/Roof Maxx Tuesday July 21, 2020 at 2:00 …