There’s probably not a condo, HOA or co-op board of trustees that doesn’t worry about money at some point or another, which is why staying on top of the latest money-saving opportunities is vital for any building or community to be success…
In the business world, benchmarking is a management tool that is commonly used to analyze where one business stands in comparison to others in the same industry. For example, a doctor’s office might want to benchmark the practice to analyz…
Funny thing about human nature—it’s not impulsively "natural" at all. Despite knowing that 1.1 billion people lack clean drinking water and thousands of children die from the diseases in that dirty water, people living in better circ…
Recycling has become an entrenched part of solid waste management for communities everywhere, and condo managers report that, in general, unit owners have been steadily moving into compliance. Often though, it’s difficult to find a t…
In a residential community, the rules are the rules—unless they are faulty, not in compliance with the law, or simply not enforced. When a developer creates a multi-family community, he usually isn’t overly concerned with how that communit…
Saving energy: it’s good for the environment and it’s good for your wallet. Researching your options can be overwhelming, though, because there’s a lot of information out there on clean energy, incentives, and paybacks. Where’s a con…
While natural disasters causing catastrophic property damages are on the rise, associations also have to be prepared for other unexpected pitfalls such as a roof repair and replacement project or the installation of a new heating and cooli…
Pests are a part of life. Wherever there are people, vermin of one kind or another are sure to follow. This is particularly true in urban environments like Boston, Providence and New Haven, where rodent and roach sightings come with the te…
Q In 2008, the board of trustees of my building took out a loan to fix the roof after a hurricane. It is my understanding that it was a 5-year loan with a balloon and they had to refinance it in 2013 and the loan now is extended to 2017. …