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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.

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.

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.

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.

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.

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.

More Americans are switching from gasoline to electric vehicles (EVs). Residential properties are installing charging stations to stay relevant and positively impact property values.

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.

More Americans are switching from gasoline to electric vehicles (EVs). Residential properties are installing charging stations to stay relevant and positively impact property values.

More Americans are switching from gasoline to electric vehicles (EVs). Residential properties are installing charging stations to stay relevant and positively impact property values.

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

Emulating the 5-star hotel industry, many high-rise condominium communities are offering luxury amenities to their residents. Learn more about luxury building amenity trends!

Emulating the 5-star hotel industry trends, many high-rise condominium communities are offering luxury amenities to their residents. Learn more about luxury building amenity trends!

Emulating the 5-star hotel industry, many high-rise condominium communities are offering luxury amenities to their residents. Learn more about luxury building amenity trends!

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