Homeownership stands as a cornerstone of the American dream, providing individuals and families with the opportunity to accumulate wealth and maintain relatively consistent housing costs over time. The financial stability derived from homeo…
Cities are dynamic and ever-evolving. Buildings go through structural and aesthetic changes, get repurposed or redeveloped, and eventually (in the grand scheme of things, at least) meet their demise. Neighborhood borders fluctuate. Cultural…
What sells a condominium? Is it the feel of the space, the light, or the layout? Is it the price alone? Or something else entirely? Maybe a feeling of ‘hominess’ that calls out to the buyer: this is where you belong! Or perhaps it’s all thr…
Both locally and nationally, 2022 was a year of contradiction in the real estate industry. The year began on the coattails of 2021, one of the strongest markets for homes in recent history. By early spring, with inflation rising at a pace…
In early 2020, our firm was hired to prepare a reserve study for an unremarkable 136-unit, 12-story condominium in south Florida. It was the kind of association you could drive right by without noticing, not much different from all the othe…
Remember in 2020, when everyone was so excited for 2021, “when all of this instability and uncertainty will be over”? Right. Well, while there was some relief from pandemic pandemonium as Americans started to get vaccinated against COVID th…
The forward march of innovation is constantly changing the face of nearly every industry—including residential real estate. To keep co-ops, condominiums, and other multifamily communities functioning optimally, we need to keep abreast of th…
On Tuesday, November 2, 2021, board trustees, managers, building owners, and condo, HOA, and co-op residents from all over the Boston metro and throughout New England will gather at the Boston Convention Center from 10:00 a.m. to 3:30 p.m. …
The last few years have been a rollercoaster ride for the condominium markets nationwide. After reaching a high in 2016, many factors collided to bring pressure on the market with varying effects. These factors included the change in SALT d…
According to a recent press release, the National Multifamily Housing Council (NMHC) reports that more than half (53%) of multifamily developers polled for the third edition of the organization’s COVID-19 Construction Survey reported constr…