Over a thousand board members, managers, building owners and exhibitors packed the Donald E. Stephens Convention Center on Wednesday, May 18th for The Cooperator Expo-Chicagoland’s Spring Expo in Rosemont. The one-day event which ran from 1…
Preparing the annual budget for a condo or HOA isn't quite like figuring out a budget for a couple, or even a large family. The board of a multifamily building or association has to consider all the angles—past, current, and future—when for…
The first of the month rolls around and it’s time to pay the bills that keep your building operational. Repairs might need to be made, staff salaries paid, maintenance done to keep all the common elements running, and supplies reordered. Th…
While it's pretty much impossible for a co-op or condo board or employee to commit fraud on the scale of a Bernie Madoff or any one of the herd of shysters who have tromped through the news in recent years, building boards and managers cert…
Q. My condo complex has four buildings all told. The way we elect board members is based on the highest number of votes from the four buildings. The problem is that the number of units in each building are not equal. For example one of t…