Years ago, when you bought a co-op or condo apartment, you looked for a unit that had the right number of bedrooms and bathrooms, a perfectly-sized kitchen, and some great living space. For the longest time, that ideal combination was all a condo needed to attract a buyer to a particular building or association. […]
From Sand Lots to Play Dates
For condominium communities with families, an outdoor area that includes a playground with swings, slides and other features can be a major amenity. Many parents have fond memories of their own childhoods, with hours spent testing physical prowess and burning up energy with peers on a neighborhood or schoolyard “jungle gym.” Read more……..
Don’t Let Your Boat Slip…”Slip” Away! (NC)
Boat slips are a big deal. More people want more access to beautiful coastal waters. However, there is less and less available space for boat slips. So, they can now cost big bucks. It’s small wonder they can dramatically increase the value of land to which they are attached. Boat slip use arrangements are frequently […]
Q&A: What Could Happen If Our Condominium Association Does Not Hire Lifeguards?
Q: Our condominium association has a swimming pool and every year we hire lifeguards for the pool season even though there is no ordinance that requires the association to have lifeguards. This year the board is contemplating the need for lifeguards. If the association does not hire lifeguards: Will it impact our insurance costs or […]
Does my HOA own the clubhouse?
Not always. In fact, the larger the clubhouse the less likely it is owned by the HOA. What does that mean? There are only two ways to cover the cost of construction: Read more……..
Managing Amenities: Who’s in Charge of What?
Whether a building is a luxury high rise with an in-house movie theater, rooftop pool, and climate-controlled wine cellar or a much more modest low-rise or townhome community with a simple community room or gazebo, managing common amenities is just another function of condo/HOA administration. Read more……..
Lakes can become liabilities if not maintained
The prospect of a nice home situated on a lake in a suburban community is very appealing to prospective buyers. Lakes became a fixture at many of the residential developments in Boone County during decades of population growth, which was only recently slowed by the economic downturn. Read More……
Amazing Amenities: Wine Cellars, Aquariums or Maybe, a Bowling Alley?
New Jersey is known for having some of the very best urban opportunities in the world—among the best colleges and schools, museums and libraries, as well as some of the finest parks, the most interesting architecture, the most intriguing mix of diverse people, and among the very best collection of historic sites in the nation. […]