Condos, co-ops and HOAs draw prospective residents with a wide variety of appealing features, from proximity to an office or family member to amazing views or the concept of having someone else mow the lawn, fix the roof, and maintain the …
2015 May
Focus on... Recreational Amenities & Programs
The winter of 2015 certainly was one for the record books. From epic amounts of snow to the never-ending plowing and clearing of the pesky white stuff, the first few months presented many weather-related challenges for New England’s condom…
The latest boom of luxury real estate development in New York City seems to have sent seismic waves across the Northeast. In the past five years, luxury buildings in Boston and other East Coast cities have installed almost any amenity they…
When it comes to offering social programs and amenities, respective requests, needs, and preferences can run the gamut. For board members and managers, having programs in place that cater to collective populations—toddlers to octogenarians…
When buyers purchase condominium units, they also purchase access to the condo’s shared amenities. Depending on the scale and financial demographics of a building, those amenities can be substantial; during the real estate boom of the earl…
When space is a commodity, where can condominium associations put their gardens, their social spaces, even their hot tubs? “On the roof,” says Jack Carr, licensed engineer and senior vice president of Criterium Engineers in Portland,…
Now that the economy is looking better and heading back toward solvency, building administrators are more inclined to spend money on maintenance projects that they may have been putting off in years past. Of course, many community associat…
Q We are a 56-unit condominium. Our bylaws require that end-of-year excess funds be returned to unit owners, either in a lump sum or credited to monthly installments until exhausted. Bylaws define excess funds as net excess of income over…
I live in a condominium I have brought several issues to the management and board’s attention for the past three years, and spent two years on the board before removing myself due to the frustration of dealing with our management company. T…