There are lots of ways for home-buyers to find properties for sale, but regardless of whether one finds their prospective dream house online, sees a “For Sale” sign in a building, or gets a hot tip word-of-mouth, at some point buyer and pr…
Being on a board of a condo or co-op is no picnic. There are tons of decisions to be made, disputes to settle, finances to keep track of and a chance of being sued for a slip-up. So why do so many people decide to serve on a board—some for…
There’s nothing worse than being a unit owner in a building and seeing someone on your board breaking a rule and seemingly getting away with it. Some board members believe that they are “above the law” so to speak, and seem to be ope…
Management of any property requires a varying degree of resources and skills. Materials, capital, and personnel are required for everything from ordering supplies to the complete overseeing of a multi-unit, high rise condominium. Above all…
Time was that a nice, spacious condo unit with a good location, a good view and several basic amenities, such a laundry room, a doorman and a gym or pool, were what buyers wanted in South Florida. But as more buildings were construct…
There are two ways—and only two ways—to balance a budget: increase revenue, or decrease spending. Whether you’re the treasurer of a co-op or condo board or the President of the United States, those are the only two levers at your disposa…
The foundation of any properly run co-op or condo building rests on residents paying their monthly maintenance fees on time and in full, with no delays or delinquencies. Unfortunately, because of the lingering effects of the Recession …
After the four walls of a given structure, the roof is sometimes referred to as the “fifth plane”—and just like the walls that hold it up, the roof is an all-important structure that can make or break a building’s performance. Florida’s…
These days, there are few people who don’t have a business website, a Facebook account and even a Twitter handle. It’s the same for buildings. As the rise of online social media invades nearly every aspect of our daily life, co…
Working in groups can be a challenge. Working in groups when people’s homes—and possibly their life savings—are involved can be a far greater challenge. It’s one faced every day by those brave souls who volunteer to serve on their co-op …