5 Reasons Why Condo Common Charges Are Going (Way) Up (NY)

Condo common charges — covering operating expenses like staff, repairs, amenities, property management and insurance — are high partly because the cost of doing business in New York City is high. But that’s only part of the story, Brick Underground reports, and even higher fees are on the way. Why? Let us count the reasons:     Read the article………………………..

Editor

Recent Posts

Australia: Everything You Thought You Knew About Strata is Wrong!

Carpet inside an apartment in a strata building is common property. So too is paint…

13 mins ago

Florida Condo Associations Impacted by House Bill 1021

Condominium associations throughout Florida will be significantly impacted by House Bill 1021, which Gov. DeSantis…

16 mins ago

The Challenges Of Finding And Affording Insurance Coverage (AZ)

Many condominium associations are finding that insurance premiums for their buildings are drastically increasing or…

18 mins ago

Homeowners Associations in Crisis as 70% Are Underfunded

Homeowners associations first took off in the 1970s as local governments looked for a way…

24 mins ago

The Balcony Bill SB 326 (CA)

On January 1, 2020, the State legislature added California Civil Code § 5551 to require…

30 mins ago

Homeowners on island canals continue battle to get storm damage fixed (TX)

Members of the Padre Isles Property Owners Association (PIPOA) have visited the Hamann's residence multiple…

31 mins ago