Author Archive

Five Spring Cleaning Tips for Property Managers

After a long, cold winter, spring is finally in the air. And like everyone else, property managers have spring-cleaning on their minds. Here are five spring-cleaning tips for property managers: Review Fuel Budgets Coming out of the heating season, now is the perfect time to assess fuel costs for the year. Buildings typically exhaust two-thirds […]

Five Things to Look For in a Property Manager

Are you looking to hire a property manager? Or just want to know if your property manager is doing everything to keep your building operating smoothly and at peak efficiency? Here are five things to look for in a property manager: Tenant Inquiries and Emergency Calls When routine maintenance or emergency repairs are needed, property managers are […]

How Much Will It Cost to Heat Your Building This Winter?

Fuel costs, like the weather, can be difficult to predict. New York Cooperatives and Condominiums generally utilize 2/3rds of their budgeted fuel funds during the first half of the year. Colder than expected weather, like we saw last winter, often results in operating deficits later on. The best way to deal with the unexpected is […]

Guidelines for Holiday Decorations in Coops and Condos

Now that the season is upon us, it is a good time to review how your building handles holiday decorations. First things first: does your building actually have a policy for holiday decorations?  Check your proprietary lease, bylaws, or house rules for regulations on resident displays.  It may not be clearly spelled out so look […]

Are You Prepared For The Next Emergency?

It’s been two years since Super Storm Sandy ravaged the Tri-State Region, destroying thousands of homes and leaving millions without electricity.  Are you prepared for the next emergency?  And we are not just talking about hurricanes, but fire, terrorism, power outages, snowstorms, and more. It always pays to expect the unexpected. Here are three basic […]

Are You Getting The Most Out Of Your Property Manager?

The property manager is a key member of your team and hiring one is a big decision.  But the board’s responsibility does not end there.  It is important that you get the most out of this relationship.  Here are three questions you should ask about your property manager. 1)    Are they listening? As in any […]

Three Real Estate Trends for 2014 and Beyond

This past June at the 48th Annual Conference of National Real Estate Editors (NAREE), property managers and realtors addressed signs of a recovery in the housing market.  An immediate sign was the record turnout for the conference! But other signs were also noted.  Market research company, MetroStudy, estimates that new home starts will increase by […]

Property Management That Impacts Your Building’s Bottom Line

Property Management has evolved over the years as owner’s requirements have expanded.  Here are three aspects of property management that embrace the latest techniques and enhance your building’s bottom line. Asset Value At Pride Property Management, we focus on our client’s financial objectives and the property value of their assets.  It is not enough to […]

Expect the Unexpected! Have a Disaster Recovery Plan in Place.

Boards face constant challenges with “routine” business. However, things really have the potential to go awry when an unexpected disaster strikes, as was the case with January’s water main break in the Village. A building in our portfolio is situated approximately 250 feet from the actual break and, as the most immediate entry point for […]

How Green are You?

Earth Day is Tuesday, April 22nd and this is an excellent time to re-examine your building’s green policies. We are fortunate to live and work in a city which leads the nation in green initiatives. While the public resources available are impressive, often recycling efforts can be improved, even in the greenest of buildings. And, […]

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