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A capable management company will enforce procedures and invest in technologies that help limit legal liability for the condo or co-op, and also mitigate board member personal exposure.

Robust automation software can help boards and building owners in New York City satisfy local law compliance deadlines and inspection cycles.

Policy exclusions introduce increased risk to the board and often render a contractor’s policy meaningless. Properly vetting a contractor’s insurance is critical.

Ensuring the longevity and prosperity of your association requires strategic planning and responsible financial management. In this article, we will delve into the importance of raising HOA special assessments, the best methods for doing so, and the optimal timing for implementing changes.

A property manager’s role is a unique one; it requires answering the needs of residents, A Community Association Manager (CAM), also called a property manager, is integral to the smooth functioning of residential complexes and homeowners associations. Whether managing property affairs or fostering a sense of community, the qualifications and skills required for property managers are diverse and multifaceted.

FirstService Residential helps condo and co-op boards navigate CMA compliance, avoid costly fines and identify incentive programs that reduce the cost of building upgrades.

Local Law 97 impacts roughly 50,000 buildings across the city, a majority of which are multifamily residential properties.

FirstService Residential recommends that all boards and building owners consider the installation of EV charging stations and incentives available through NYSERDA and ConEd.

So, you want to be an Arizona HOA board member. Read our article to learn five lesser-known tips for brand-new or seasoned board members.

So, you want to be on an HOA board? Learn how to put the community's best interest first while overcoming surprising challenges.

With an effective reserve-fund strategy, boards can properly plan for unplanned equipment replacements and repairs to building systems and facilities.

Follow these three proven tips to improve your Arizona HOA board meetings and excel as an association.

What sets your association apart from other HOAs? Discover what types of support and training can help your manager (and association) excel.

The key to a successful HOA manager starts with comprehensive training and access to strong support services, advanced tools and innovative technology. Read on to learn more.

What are your HOA leadership roles and duties? To fully develop and enhance your leadership journey, begin by taking these four essential steps.

As different sectors of New York City’s economy recover from the COVID-19 pandemic, strong signs of life are emerging in multifamily rental property investment.

The rising cost of flood insurance and forthcoming changes to FEMA flood maps is a topic of discussion for condos and co-ops in the New York City area.

Homeowner's associations (HOAs) have many responsibilities that can be difficult to keep up with. One of the main ones is selecting community association insurance. HOA’s should carefully consider the type and extent of coverage they purchase from an insurance provider. The right policy can help protect your investment while minimizing risk.

As of November 2021, the New York City Council has extended Local Law 152 gas pipeline inspection deadlines for boards and building owners through June 30, 2022.

On January 11, state lawmakers will assemble for the annual 60-day legislative session. This session will cover a list of key issues and promises to be an active one for community associations for two particular reasons: the impact of the collapse of Champlain Towers South in Surfside and the skyrocketing cost of property insurance.

As of December 27, 2021, New York City’s Department of Health requires building workers who perform in-person work to show proof of vaccination to their employer.

Beginning July 1, 2022, condominium and cooperative buildings in New York City must begin to pay building workers a prevailing wage or forfeit their eligibility for the Cooperative and Condominium Property Tax Abatement.

The property management industry is competitive, and everyone seems to think they offer the “best" service. But what does great property management look like? Learn what questions to ask to make sure you’re getting the service you deserve.

Not sure how to communicate about policy with your residents? Follow these do’s and don’ts to guide your policy-making efforts and help your board obtain community buy-in.