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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.

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.

Are you interested in becoming a Community Association Manager? It requires a passion for helping others, empathy, and dedication to providing quality customer service, among other things. Read our article to learn if it's the right fit for you.

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.

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.

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.

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

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.

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

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.

Wages are playing a big role in the labor shortage challenge. Learn what your community association can do.

Wages are playing a big role in the labor shortage challenge. Learn what your community association can do.

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. The key to association policy making is that rules be clear, sensible and clearly communicated to residents.

It's the typical budgeting dilemma for community association boards: How do you keep assessment fees manageable and still maintain the community's operations?

It's the typical budgeting dilemma for community association boards: How do you keep assessment fees manageable and still maintain the community's operations?

It's the typical budgeting dilemma for community association boards: How do you keep assessment fees manageable and still maintain the community's operations?

It's the typical budgeting dilemma for community association boards: How do you keep assessment fees manageable and still maintain the community's operations?

Wages are playing a big role in the labor shortage challenge. Learn what your community association can do.

Wages are playing a big role in the labor shortage challenge. Learn what your community association can do.