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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.

When you purchase a home or unit within a deed-restricted community or building, your new residence comes complete with an added bonus – membership in your association. Whether your association is an HOA, community association or condo association, it’s comprised of fellow homeowners and stakeholders who, like you, want to protect the community’s property values, enhance its quality of life and make it a desirable place to live, both now and in the future.But an association can’t achieve these goals without homeowner involvement – after all, how can you have a say in what happens in your community if you don’t participate?

In today’s busy, noisy, fast-paced world, many of us have become multitaskers by necessity, caught up in trying to juggle the demands and responsibilities of family, health, career, lifestyle, community and more. But what if you could turn down the stress and volume of everyday life and enhance your life just by coming home?

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.

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.

If you’re part of the Millennial generation (typically defined as someone born between 1977 and 1992), the renting vs. buying landscape is drastically different for you than it was for your parents and their peers. That’s leading many Millennials to ask themselves the age-old question: should I rent a home or should I buy?

You just got home from a long day at work, and the trash bins are still there, full, in front of your house. They’re starting to reek, and any calls to your local government at this hour to find out why they weren’t picked up are going right to voicemail. You feel like no one is on your side, and it won’t be long until the raccoons are here to feast.

Despite what the meteorologist on your nightly news might tell you, it’s actually pretty hard to predict the weather. And that means it’s difficult to anticipate how much you’ll be spending on snow removal this year.

Winter’s coming, and with colder temperatures comes something that isn’t cool at all: disorganized closets and cluttered winter gear.

What happens when glass from a skyscraper crashes down onto crowded Fifth Avenue? It shatters your expectations of how a condo board, a developer and an insurance company can work together to come up with a compromise solution without litigation. Turns out it’s not impossible. Hey, who knew?

How much do you know about community association insurance? Every community’s bylaws and declarations include requirements to provide homeowners association insurance coverage, and Board members have a fiduciary duty to protect the best interest of their HOA and owners. Additionally, associations are under pressure to find the least expensive homeowners association insurance options available. But there is a caveat – in community insurance, as in most things, buyer beware – not all policies are alike, and if you neglect certain types of coverage, you may end up paying a much higher price.

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.

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.

Keeping your homeowner association (HOA) or community association’s finances healthy works the same way as staying physically fit: don’t overindulge and make smart choices. And the upside is that the only thing you’ll have to exercise is good judgment. Here are some tips to help you do just that.

Given the unprecedented practice of "social distancing," now may be the best time to find the right video conferencing platform for your association.

For many people, New Year’s Eve is the biggest party of the year. But before you pop that champagne cork or put on your best party hat, think about your four-legged friends – and how your gala plans may affect them. Fireworks and other noisy celebrations make many pets scared and anxious, and sadly, many shelters report an increase in lost dogs and cats this time of year.

Live long and prosper… More than just a catchphrase for the crew of the Starship Enterprise, the desire to live longer and better is a goal many of us hope to achieve. And many of us already are – in fact, the Centers for Disease Control and Prevention (CDC) reports that the average life expectancy continues to rise each year, and is now just shy of 80 years. Want even more proof we’re living longer and more active lives than ever before? Check out the growing popularity of active adult communities, which offer a host of fitness, recreational, social and educational programs exclusively to residents 55 or better.

If you could, would you want to live forever? Jeanne Calment of France, who was 122 ½ years old when she died in 1997, holds the world record for longest confirmed lifespan – long enough that as a child, she actually met Vincent Van Gogh and watched the construction of the Eiffel Tower.

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.

Living in a residential community means around-the-clock routine maintenance to preserve the community and its assets. But there comes a time when one of your assets will reach the end of its useful life and require a replacement or significant repairs.

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

There’s a lot to love about living in a community with a homeowners association (HOA). The amenities. The sense of belonging. The high aesthetic standards. But none of that happens without stable finances. With that in mind, here’s the bottom line on financial best practices for your HOA.

Condominiums (condos) and cooperative housing communities (co-ops) are increasingly recognizing the importance of sustainability and energy efficiency in today's world. One vital tool that plays a crucial role in this effort is energy benchmarking.

If your community is professionally managed, consult your property management company for more information – a quality firm can leverage its budgeting and financial experience to provide guidance. But to get you started, we’ve compiled some information about the Consumer Price Index – what it is and what you need to consider before you get started.