CooperatorNews New Jersey

The publication serves the New Jersey condo, HOA and co-op community with thousands of free articles on management, finance, maintenance and more...

[CooperatorNews New Jersey @NJCooperator]

Survey: Women in Green Building Find Employers Supportive During COVID, But Still Face Personal & Professional... https://t.co/Rmq9MFA8iH

[CooperatorNews New Jersey @NJCooperator]

Home prices rose across the U.S. during the pandemic, & now homebuyers in parts of the country are feeling the dual burden of expensive housing and high mortgage rates. According to a new study, rates are now more than double what they were in early 2021 https://t.co/9tpCl8dVbm

[CooperatorNews New Jersey @NJCooperator]

A new product is the SmartWatt boiler system, designed to transform existing heating infrastructure into an energy platform. It can satisfy a property’s heating requirements while generating onsite electricity at nearly zero cost. Read the article now! https://t.co/y6XK56Xdft

[CooperatorNews New Jersey @NJCooperator]

Condo and co-op owners are often creatures of habit. Settled into their units, they’re used to costs rising over time, but on a regular and predictable basis. That consistency is now at risk, at least in the short-term. Read to learn more! https://t.co/X3HSPVzO5o

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From flood waters and property damage, coping with the aftermath of a powerful storm can be very troublesome for co-op and condo community tenants. During the Atlantic Hurricane season, managers and boards must take a multi-pronged approach to safety. https://t.co/vSGPweBoh7

[CooperatorNews New Jersey @NJCooperator]

When the mercury hits 95, the last thing most people have on their mind is a major snowstorm, and how it might affect their building. Be as that may, summer is actually the time to turn to your building’s winter needs! https://t.co/lpMhauD7Yt

[CooperatorNews New Jersey @NJCooperator]

A recent analysis by https://t.co/4bL47OF8CU shows that in an increasingly competitive housing market, condos, co-ops, and attached townhouses offer an affordable alternative to comparable single-family homes, especially in high-density, high-cost markets https://t.co/668GMHsNue

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Rebranding is different from simply changing a building’s name. In this article, we’ll look at the nitty-gritty of the process; what’s involved, who’s involved, and the potential challenges that may arise.⁠ Read the article to learn more! https://t.co/bGiW5YJXx9

[CooperatorNews New Jersey @NJCooperator]

The World Property Journal reports that the costs to comply with regulations imposed by all levels of government account for an average of 40.6% of multifamily development costs nationally. Read the article to learn more!
https://t.co/sWNiJUa8Gd

[CooperatorNews New Jersey @NJCooperator]

Amid the pressure of an overheated real estate market and possible recession, some co-op and condo properties are looking to stand out in today’s landscape. One strategy some are embracing is rebranding. And there are many reasons to do a rebranding. https://t.co/gnre51v9OO

[CooperatorNews New Jersey @NJCooperator]

Brokers have a standard modus operandi when selling apartments: Depersonalize the property, stage it, and disappear. Brokers’ advice to depersonalize and ‘generify’ any home for sale is tried and true - staged properties sell faster, and for higher sums. https://t.co/GnSh8q5jqk

[CooperatorNews New Jersey @NJCooperator]

Our association is self-managed with 12 units. An owner installed a dishwasher without a request or approval from the board. Are they in violation for not clearing the installation with the board beforehand? Read the Q&A now! https://t.co/yYeKfIkelD

[CooperatorNews New Jersey @NJCooperator]

While cryptocurrency cannot be used directly to purchase real estate—it must be converted to cash or equivalents first—it is quickly becoming an instrument in the purchase process. Read to learn more!
https://t.co/yTyZjwJSCX

[CooperatorNews New Jersey @NJCooperator]

Does binding alternative dispute resolution (ADR) override condo governing docs? If the ADR changes the shared common ground expenses, do the members of the association have to vote on it? Do the condo docs have to be changed to reflect the decision? https://t.co/52gzYzRhRY

[CooperatorNews New Jersey @NJCooperator]

First-time buyers in condos, co-ops, and other residential communities are often surprised—and confused—by the way in which their new building or HOA operates. Whether coming from a rental or a single-family home, condo/co-op living, differs dramatically. https://t.co/aTYW8XjZJS

[CooperatorNews New Jersey @NJCooperator]

In a rental building, the landlord has certain rights to remove a tenant from his property before the end of a lease. In a private home, the only way to remove an owner is through foreclosure. What about in a multifamily setting like a condo or a co-op? https://t.co/fVLL4eMnZH

[CooperatorNews New Jersey @NJCooperator]

Even before the pandemic, interpersonal conflict and hostility often surfaced in the co-op and condo environment. Whether a conflict arises between neighbors, residents and management, or between tenants and the board, it’s vital to address it swiftly https://t.co/2yW2aGEQEd

[CooperatorNews New Jersey @NJCooperator]

While some co-op and condo communities have tried social media platforms to build community spirit and facilitate better communication between neighbors, management, and even the board, most have remained ‘old-school'. Read the article to learn more!
https://t.co/ySzfF5DMOj

[CooperatorNews New Jersey @NJCooperator]

Thanks to COVID, managing co-ops and condo communities over the past couple of years has been a vastly more complicated job. That said, there are still basic, fundamental duties and responsibilities that a building or HOA should expect from its manager. https://t.co/1S3sUubqHl

[CooperatorNews New Jersey @NJCooperator]

Noise in multifamily buildings can be divided between two general categories: airborne noise and structural noise. Airborne noise is from adjacent units and outside. Structural noise is the reverberations that come through the actual building structure.⁠ https://t.co/kApt5vNAbR