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  • 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.
  • The Facts about Synthetic Turf

    Considering synthetic turf for your community common areas? Understanding the facts on what it's made of, benefits and disadvantages, and how it will affect children or pets will make all the difference when determining if synthetic turf is the right choice for your community!
  • 3 Strategies to Keep HOA Assessments Stable and Add Value

    There are often valid reasons to raise assessments, but in some cases, you may want to take a different route. Here are three cost-saving strategies.
  • Getting Your Strata’s Spring Cleaning Started

    As strata managers begin their inspection, they note the necessary repairs for winter damage as they make their rounds through the community.
  • Smart Financial Planning

    Safeguarding a strata corporation’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means strata councils must protect the financial interests of the strata corporation and its members.
  • Five Ways Your HOA Should Tackle Water Conservation

    Water conservation is on the minds of all California homeowners. As summer is quickly approaching, homeowner association (HOA) leaders throughout California need to be proactive in making the necessary changes within their communities.
  • 3 Strategies to Keep HOA Assessments Stable and Add Value

    There are often good reasons to raise assessments, but in some cases, you may be able to take a different route. Here are three strategies to help save your HOA money and keep assessments stable.
  • Tips for Eco-Friendly High-Rise Living

    Eco friendly high-rise initiatives are not only good for the environment, but can be green for your association budget. How does close to $50,000 in annual savings sound? Here are suggestions you can implement for little to no cost.
  • 17 Ways to Get the Best From Your Contractor

    When you hire a contractor, it could either be the best decision you ever made, or the worst. The stakes are high; a good contractor will execute your vision on time and on budget, whereas a not-so-good one will be the source of bad workmanship, unexpected delays, inconvenience and a whole lot of headaches.
  • Bidding Process Simplification Tips for HOAs

    Picture this: your homeowners association has a big job that needs to be done, so you’ve got to find a qualified contractor to do it. How do you manage your vendor selection process to make sure you find the best one to fill your needs?
  • Co-Op Managed by Our New York Office Chosen for Mayor’s Recycling Pilot

    NYC's Organic Food Waste Recycling Pilot Program includes Morningside Heights Housing Corp., a cooperative building managed by FirstService Residential’s New York office. This exciting program is designed to reduce the amount of post-consumer waste sent to landfills.
  • Part 1: Electric Cars and Charging Stations – Is Your HOA Ready?

    Over the past five years, nearly a half-million U.S. cars in this country have been able to zip right past gas stations – and it’s not because they’ve always had a full tank of gas. That’s how many plug-in electric vehicles (PEVs) have been purchased in this country since December 2010, when the first mass-market PEVs – the Nissan Leaf and Chevy Volt – made their much-heralded debut. Learn more about PEV's in order to ready your HOA.
  • Part 2: Electric Cars and Installing Charging Stations in Your Community

    Is installing EV charging stations the right choice for your community? If your association is considering it, consider this – you’ll not only satisfy the needs of current and future EV owners, but you’ll also enhance your property’s “green” image, which can increase property value and attract future residents. So how should your Board proceed? Start by talking to other community Board members and local community leaders to see if this issue is being addressed locally. Do your research, including consulting with a good property management company. If your community is professionally managed, your property management team can provide you with information and guide you through the process.
  • Energy Efficiency for Community Associations

    Should community associations implement energy efficiency measures? Most Board members and residents think so, but making conservation a reality can be a challenge. In a recent issue of Condo Management, FS Energy’s Chris Normandeau offers ways communities can take energy efficiency from principle to practice.
  • FirstService Residential Keeps Energy Costs on a Tight Leash During Dog Days of Summer

    High summer temperatures bring high electric bills – especially this summer, as heat waves and soaring temperatures continue to blaze across the U.S. and Canada. But FirstService Residential’s innovative FS Energy program is keeping residents cool, curbing electric bills and lowering energy emissions and usage – and it saved $1.5 million in energy costs for NYC residents last summer. Now, the program is rolling out to multifamily buildings in Chicago and Miami.
  • FirstService Residential Sustainability Expo

    Reducing energy usage and costs, while increasing "green" living is vitally important not just for multi-family properties and residents, but also for the environment. In New York, FirstService Residential recently hosted its Third Annual Sustainability Expo and Symposium to help building staff and property managers increase their commitment and actions towards increasing efficiency and sustainability. Want to know more? Check out this recent spread in the Mann Management Report.
  • Five Reasons to Use Quality Vendors

    When you have a large-scale project slated for your community, it’s tempting to select a vendor based on price. After all, what’s more important than saving your association money?
  • Four Ways Condos/Co-ops and HOAs in Florida, New York and Chicago Can Save Money on Energy Bills with the Best Property Management Services

    Realizing that energy conservation and managing HOA community environmental footprints is crucial, board members have a responsibility to homeowners to exercise financial prudence and proactively seek ways to manage rising costs.
  • Four Ways to Increase Value by Decreasing Energy Use

    Of all the expenses you encounter as a homeowner, community or condo association, energy ranks toward the top of the list. Many of us see this as a given. We need lights. We need heating and cooling. We need to warm our water and prepare our food. And while the necessity of energy use will never change, how much we pay for it, and how much we need, can.
  • Great Communication Can Help With Vendor Management

    Vendor management is a large part of serving on the board of a managed community. Every community has outside partners for services like landscaping, sanitation, cable and Internet provision, pool maintenance, valet services and more. Open and effective communication among the board, the management company and the vendors employed by the association is an important part of making the most of any community’s operating budget and improving the lifestyles of its residents.
  • Hiring HOA Vendors? Legal Issues to Consider

    Your Board of Directors oversees the many day-to-day tasks required to operate and maintain your community… but they can’t do it alone. Over the course of the year, your homeowners association will hire vendors to provide a variety of services to keep your community running smoothly, such as exterior painting, plumbing, electrical, landscaping, tree trimming, equipment repair, exterminating, pool maintenance, street repair, and more. And then there are capital improvements, unforeseen events or emergency repairs — yeah, you’ll need vendors to take care of those, too.
  • How Condo Associations Can Get Ahead of the Energy Benchmarking Trend - Energy Efficiency Part 1

    Is your condominium or co-op association required to report your building’s annual energy usage? If not, and if yours is a mid-rise or high-rise building (50,000 square feet or larger), get ready. Chances are that mandatory energy benchmarking will be coming to your area soon as energy conservation becomes a higher priority for jurisdictions.
  • How to Save on Summer Energy Costs

    Summer’s longer days mean more time to enjoy warm weather and sunshine, but they also mean higher energy bills. There is a bright side, however: by implementing an energy management program within your community, you can help keep costs down without sacrificing comfort.
  • Incentives Aim to Green Up New York, Reduce Operating Costs for Building Owners

    A recent study found that 75% of greenhouse gasses in New York City are generated by buildings, primarily multifamily residential buildings. As part of a city-wide effort to incentivize buildings to develop programs to curb emissions, FirstService Residential held its Third Annual Green Expo & Symposium on May 15 in New York. The event featured a panel of industry experts, including FirstService Residential President Dan Wurtzel, who described the benefits of participating in city programs, as well as the opportunities to save money, help the environment and enhance property values.
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