As housing co-ops age, it’s no surprise that buildings wear down, wear out and need repairs and replacements.
But knowing what to replace, and when, isn’t always easy.
Your co-op will make better decisions if you use some (or all!) of the host of different reports and assessments available to
Nowadays, co-op members tend to stay in their homes for decades. Some even claim, “I’m only leaving feet first!”
As a stable membership has many benefits, every co-op should now be thinking about the special needs of their aging members. While the passage of time affects everyone, some are hit harder
Housing co-operatives have just one valuable asset: their property. So it makes sense to take care of it.
A well-kept housing co‑operative has prouder, happier members who love their homes. It’s a place where other people want to live. And one that will serve generations to come, far into the
Even a very small co-op needs a paid bookkeeper to make sure its money is properly accounted for. Beyond that, a property manager knows the annual and seasonal routines that will keep the property secure and well cared for. When the essential tasks are looked after, volunteers will have the time to
A residential building requires constant maintenance. Blame it on entropy.
There are caretaking tasks to be done daily or every few days, such as clearing snow, polishing the glass at the entrance, cutting the grass and cleaning the halls, elevators and laundry room.
Routine maintenance should
Clients at High risk make up only 9.9% of the Agency’s portfolio, down from 16.3% in 2008. Proof that struggling co-ops can strengthen their operations.