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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.

Homeownership comes with a myriad of benefits, but it also brings a set of responsibilities, particularly when you are part of a Homeowners Association (HOA). The board of directors for the association maintains the integrity and value of a community by establishing HOA regulations that protect resident’s investment as a homeowner.

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.

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.

Cold weather is upon us, so now is the time for your HOA to make sure your maintenance program is on track. Read this article to learn more.

Open and effective communication among the board, management company and vendors is an important part of any community's operating budget and for improving residents' lifestyles.

Partnering with a property management company is a big step. Learn what to consider when deciding which one is right for you and your association.

As a property manager, you always have to make sure your preventive maintenance program is on track. Read this article to learn more.

Hiring a property management company is a big step that will have a decisive impact on your community for years to come. Learn what factors to consider.

Partnering with a property management company is a big step. Learn what to consider when deciding which one is right for you and your association.

Transitioning to new management? See these 8 steps to ensure a seamless switch and take the stress out of change.

As the supply chain crisis continues to linger with no end in sight, proper storm preparation means considering supply shortages. Read on for 6 things to consider as your board prepares for the upcoming storm season.

The labor shortage is drastically affecting the property management industry, and wages are playing a big role. Learn what you should know to help navigate today’s labor market.

The labor shortage is drastically affecting the property management industry, and wages are playing a big role. Learn what you should know to help navigate today’s labor market.

As a board member, you know the importance of making rules and establishing policy; these must be clear and sensible. The process for creating and enforcing rules successfully is the same.

No board ever wants to find itself in the midst of an emergency, but they happen. Whether you face an outbreak of illness, an earthquake, a hurricane, a fire, the impact of any devastating event can be minimized by good emergency preparedness planning.

A good spring-cleaning can do wonders for your community association. Here are some tips to get your started.

There is no way to avoid surprises when it comes to the maintenance of your community. Preventative maintenance ensures that your systems are keeping future problems at bay; predictive maintenance is also effective.

Nothing bites into your budget like maintenance issues. Whether it’s the grounds keeping and upkeep that you pay for on a regular basis or those surprise projects (natural disasters, anyone?) that sneak up on you, maintenance can account for an average of 25% or more of your overall expenditures.

How can you ensure that your association’s parking rules are fair and easy to understand and follow? Here are 6 essential questions to ask before you create or enforce parking policies.

Insurance costs are rising, and budgeting for higher insurance premiums has become increasingly challenging for associations. Learn best practices for managing insurance premium increases.

The greatest strength of your board is the diverse perspectives of its members, but this can also present the biggest challenges. Creating the right dynamics will help your association board conduct business smoothly and efficiently.

Board members can be overly burdened and become burned out. Working with a quality property management company can help ease your board burden. Learn how.