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How to Protect Your Condo Corporation From Cyberattacks
When it comes to cyberattacks, you may be under the assumption that your condo corporation is flying under the radar. But you’d be dead wrong. In fact, as a small business, your corporation may be at greater risk of being targeted than ever before. -
Preventative & Predictive Maintenance are Critical to Your Replacement Reserves
Reserve Fund Studies are based on the assumption that components will reach their maximum useful life. However, if a preventative maintenance plan doesn’t accompany your reserve study, it’s highly unlikely some components will ever reach their maximum useful life. -
Preventative Roof Maintenance is Crucial to the Sustainability and Longevity of Your Roof
We can all agree there are many important elements to a housing structure, but your roof is probably the most important. Changing temperatures, snow accumulation, large amounts of rain, ice dams and high winds can all cause major damage to condominiums, townhomes and single-family homes. These harsh weather conditions can create all sorts of problems, from minor leaks to major cave-ins that can cost a condominium corporation thousands to repair. -
Smart Financial Planning
Safeguarding a condominium corporation’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means that boards must protect the financial interests of the corporation and its members by making sure all funds are properly managed, invested and protected. -
Staying Ahead of Your Condo Corporation’s Maintenance and Improvement Projects
Continually maintaining and improving your property is crucial if you want to protect your condominium corporation’s financial health. To ensure that these important responsibilities are well managed requires a long-term plan and a means of effectively handling day-to-day projects. Here’s how you can make that happen. -
Getting the Right Training to Be a Successful Board Member
Most people who join the board of their condominium corporation aren’t experts. Rather, they are well-intentioned, dedicated volunteer-leaders who want to protect property values and ensure their community continues to be a great place to live. If you’re a new board member – or even a seasoned one – it’s important to get the training you need to govern effectively and address the issues you may face. -
Condo Capital Improvements: Lending Solutions for Condominium and Co-op Boards
FirstService Residential and FirstService Financial work in tandem to help our clients successfully finance capital improvement projects and save money without compromising quality of service. -
Local Law 152: Updated Requirements for Boards and Buildings
Is your building prepared for Local Law 152 gas piping inspections? FirstService Residential recommends getting ahead of schedule to avoid unforeseen deficiencies and costly fines. -
FISP (Local Law 11) - Understanding Cycle 9 Requirements in NYC
FirstService Residential has invested substantial resources to facilitate each of our managed properties with facade inspections and is here to help you navigate the many intricacies of FISP. -
4 HOA Strategies to Cut Costs and Maintain Assessments
There are valid reasons to raise assessments, but in some cases, you may be able to go a different route. Here are four strategies to save your HOA money and keep assessments stable. -
Can Your HOA Handle a Crisis? 8-Step Emergency Preparedness Plan
Is your association really prepared for an emergency? Learn how to develop an HOA emergency preparedness plan in 8 steps. -
Your HOA Board and Coronavirus: 5 Questions to Discuss
How should your HOA board handle a pandemic like COVID-19? Start by tackling these 5 questions. -
Reserve Fund? Special Assessment? Loan? 3 Ways to Fund Capital Improvements
Great capital improvements improve property values. Read on to see the three ways to pay for them and the pros and cons. -
Market Trends & Best Practices: Property Insurance for Boards & Building Owners in 2021
Around the world, the property and casualty insurance industry experienced record losses from 2016 to 2019, and consumers are now feeling the effects on both a macro and micro scale. -
Ask the Expert: Severe Storm Recovery
Join Leah K. Burton and Brady Ortego of RMWBH for an Ask the Expert discussion about the laws you should be aware of, liability claims and insurance questions. -
Automating Compliance & Inspections for Multifamily Buildings in NYC
Robust automation software can help boards and building owners in New York City satisfy local law compliance deadlines and inspection cycles. -
Local Law 97 Updates: Building Energy Grades & Emissions Compliance
Local Law 97 impacts roughly 50,000 buildings across the city, a majority of which are multifamily residential properties. -
Residential EV Charging Stations: Benefits & Incentives for Multifamily Buildings
FirstService Residential recommends that all boards and building owners consider the installation of EV charging stations and incentives available through NYSERDA and ConEd. -
Understanding a Co-Op and Condo Reserve Fund & Strategic Budgeting
With an effective reserve-fund strategy, boards can properly plan for unplanned equipment replacements and repairs to building systems and facilities. -
HOA Maintenance Checklist: Planning and Paying for Property Improvements
Want to keep your HOA or high-rise in tip-top shape for current and future residents? Learn how to plan and pay for maintenance and capital improvements. -
FAQs - High-Rise Insiders: Structural Integrity
Get answers to frequently asked questions from our recent High-Rise Insiders: Structural Integrity webinar to help your association increase building safety for your COA residents. -
Ask the Expert: ACC Board Hearings
Join Devin "Buck" Benson of Barton Benson Jones, PLLC for an Ask the Expert discussion about how best to prepare for and execute new ACC Board Hearings stemming from recent Texas legislation. -
Flood Insurance for Condos and Co-ops in New York City
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. -
Navigating the basics of homeowners association insurance
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.