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The Presidentā€™s Role

Read the full article at CooperatorNews online. The role of a board president in cooperatives, condominiums, and homeowners associations (HOA) is complex and multifaceted, requiring a mix of leadership, communication, and management skills. Depending on the community’s size, structure, and needs, a presidentā€™s key responsibility is to balance the needs of residents while guiding the… Continue reading The Presidentā€™s Role

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Categorized as Resources, FL

Successful Social Programming

Read the full article at CooperatorNews online. Introducing social programs to residential communities has proven beneficial and essential to fostering a sense of community, encouraging resident engagement, and improving overall satisfaction. Such programs may include events like holiday parties, fitness classes, or educational workshops, which help build connections among residents and create a more vibrant… Continue reading Successful Social Programming

Managing Maintenance Staff

Read the full article at CooperatorNews online. In shared-interest communities, the effective management of maintenance staff is crucial for keeping the property in good condition and maintaining a high level of service for residents. Maintenance staff includes various roles, such as superintendents, custodians, and handypersons, whose work ensures that properties remain clean, safe, and functional.… Continue reading Managing Maintenance Staff

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Categorized as Resources, FL

Here are New York Cityā€™s top property managers

Read the full article at The Real Deal online. The New York City property management landscape has largely returned to normal this year after nearly three years of pandemic-related disruption, with stability becoming a key factor for businesses focused on passive income streams. Tenant retention, reducing turnover, minimizing conflict, and navigating regulatory changes like sustainability… Continue reading Here are New York Cityā€™s top property managers

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Categorized as News, NYC

Why Owning (and Buying) a Florida Condo Has ā€˜Turned Into a Nightmareā€™

Read the full article at The New York Times online. In Florida, new laws requiring extensive building inspections and costly renovations for older condos have left many residents, particularly retirees, facing severe financial strain. The laws, enacted after the 2021 Champlain Towers South collapse, mandate that buildings 30 years or older undergo inspections and fund… Continue reading Why Owning (and Buying) a Florida Condo Has ā€˜Turned Into a Nightmareā€™

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Categorized as Resources, FL

Exterior Safety Inspections: Why You Need Them and When to Do Them

Read the full article at CooperatorNews online. Incidents involving falling debris from a building’s facade are rare but hazardous and highlight the importance of routine exterior building inspections, which are essential for public safety and to mitigate liability for building owners. Facades, which are often exposed to the elements, can deteriorate over time due to… Continue reading Exterior Safety Inspections: Why You Need Them and When to Do Them

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Categorized as FL, Resources

Upgrades and Renovations Make Florida Association Costs Higher and Push Owners to Sell

Read the full article at South Florida Business Journal online. The collapse of Champlain Towers South in Surfside has significantly impacted owners of older condos in South Florida, leading to increased financial burdens. With new state legislation requiring comprehensive inspections and structural integrity reserve studies for buildings over 30 years old, many condo associations face… Continue reading Upgrades and Renovations Make Florida Association Costs Higher and Push Owners to Sell

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Categorized as Resources, FL

Cooling Tower Replacement Saves 40% on Energy and 50% on Water for NoMad Co-Op

Read the full article at Habitat online. The replacement of the cooling tower at 22 West 26th Street, a co-op in NoMad, is set to enhance energy efficiency, potentially achieving up to 40% in energy savings. The new, high-efficiency cooling tower features self-modulating controls that adjust cooling based on demand, significantly improving performance over the… Continue reading Cooling Tower Replacement Saves 40% on Energy and 50% on Water for NoMad Co-Op

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Categorized as NYC, Resources

AKAM Vice President, Adam Hirsch, Recognized as a 2024 Multifamily Real Estate Influencer by GlobeSt

See the full list of influencers at GlobeSt online. Adam Hirsch, AKAM’s Vice President of New Development, Rental (Multifamily) and Commercial Management, has been recognized as a 2024 Influencer in Multifamily Real Estate by GlobeSt. Hirsch is working toward an improved perception of multifamily property management that emphasizes the importance of proactively meeting client needs and understanding… Continue reading AKAM Vice President, Adam Hirsch, Recognized as a 2024 Multifamily Real Estate Influencer by GlobeSt

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