Category: Association Operations

Insurance From Health Clubs to Hot Tubs
2011 August From Health Clubs to Hot Tubs

 Pools, hot tubs, saunas and gyms are big-ticket, high-demand amenities. They add  value and enjoyment to properties without question—but they also come with major considerations when it comes to insurance  coverage.    A condominiu…

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Insurance Not Your Grandfather's Policy
2011 August Not Your Grandfather's Policy

 Recent developments, both legislative and environmental, have led to  considerable changes in the Illinois insurance marketplace. And such changes,  as managers know, often lead to added paperwork, confusing requirements, and  tricky lega…

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Insurance For Every Season
2011 August For Every Season

It's no secret that the insurance industry is big business; there are approximately 2,000 companies competing for market share, which means that co-op, condo, and HOA boards have their work cut out for them when it comes to understandi…

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Insurance Protect Yourself
2011 August Protect Yourself

Serving on one's condo or association board is sometimes a rough job; there are tough decisions to make that impact the lives of one's own friends and neighbors, priorities to set that cannot possibly please everyone, and financial cha…

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Finance Greektown
2011 July Greektown

 Step through a unique six-pillared Greek pavilion at the intersection of  Halstead and Monroe and you're in Greektown, located in Chicago's near-west  community, one of Chicago's most popular neighborhoods for natives and tourists  alike.…

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Finance Worst. Board. Ever!
2011 July Worst. Board. Ever!

 It was time for the the Chicago-based senior association's annual meeting. The  board and residents, men and women, some in their 70s, were emotionally charged  and concerned about various issues that the board would discuss. The issues d…

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Finance Park it Here
2011 July Park it Here

 Anyone who has ever circled the corners looking for a parking spot in Chicago,  especially in the brutal winters, understands the importance of having a  regular parking spot. In a city as crowded and fast-paced as Chicago, parking  is a …

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Finance Budget Basics
2011 July Budget Basics

 Not everybody on a co-op or condo's board is an accountant (or can even balance  their own checkbook, for that matter.) Handling the money for an entire  association is a big responsibility however, and residents rely upon their  board to…

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Finance Preparing for the Worst
2011 July Preparing for the Worst

Chicagoans pride themselves on the ability to withstand bitter winters but sometimes Mother Nature just does get the better of us. For proof, just look at the pictures from this past January of abandoned cars along Lake Shore Drive and…

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