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For board members, special assessments are typically unwelcome necessities. They are primarily needed because reserves have been underfunded and must be supplemented to pay for large capital projects such as replacing roofs or mechanical equipment.

For board members, special assessments are typically unwelcome necessities. They are primarily needed when the association’s reserves are not sufficient to pay for large capital projects such as replacing roofs or mechanical equipment.

For board members, special assessments are typically unwelcome necessities. They are primarily needed because reserves have been underfunded and must be supplemented to pay for large capital projects such as replacing roofs or mechanical equipment.

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.

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.

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.

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.

Has your community association been affected by labor shortages? Learn more about supply chain issues and how to address them in your community.

Has your community association been affected by labor shortages? Learn more about supply chain issues and how to address them in your community.

Has your community association been affected by labor shortages? Learn more about supply chain issues and how to address them in your community.

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.

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.

The multifamily residential sector in New York City made significant strides in 2021 as borough economics continued to recover and transition into a post-pandemic paradigm.

Implementing new policies within a community can be challenging, but when a board communicates effectively and gives residents a plan that outlines the necessity, process and benefits of a policy, they can avoid a lot of issues and get buy-in, too.

Life in a high-rise property has its rewards. With great amenities, good security, and even concierge services, there are many advantages that are specific to just this kind of lifestyle. Similarly, there are specific requirements when it comes to insuring it, too. High-rises often have multiple residences, each with their own policies, plus shared common spaces, which also require coverage. Here are a few areas to help you determine if you and your high-rise community is adequately covered.

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.

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.

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.

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.

New York City boards and owners are experiencing great difficulty renewing general liability and umbrella insurance policies. FirstService Residential can help.

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.