Category: On The Board

On The Board
2021 March Co-ops and the Paycheck Protection Program

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 …

Read More
Board Operations
2021 February A Look at Board Powers

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…

Read More
Board Operations
2021 February Overcoming Apathy

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…

Read More
Board Operations
2021 February Board Style & Management

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, …

Read More
Board Operations
2020 August What New Board Members Need to Know

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…

Read More
Owner Relations
Communicate...and Then OVERcommunicate

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…

Read More
1 2 3 29 Next