The condominium remains one of the most preferred types of properties to live in an urban area, especially in cities like New York. In these housing developments, improvements in common property attributes, such as building condition and cleanliness, driven by effective management, can raise property values by an average of 15%, and up to 30% […]
New York City is famous for its residential buildings, but not all are the same. While condos and co-ops often look alike from the outside, the way they are owned and managed is very different. In New York City, co-ops outnumber condos approximately 2 to 1, reflecting the prominence of cooperative living and its unique […]
Running a building can be much more than keeping the lights on and the lobby tidy. Building management is a multifaceted process that combines daily activities, planning, financial management, and satisfaction of residents or tenants. Well-managed properties can see a 5–17% increase in property values due to consistent maintenance, compliance, and upkeep. In contemporary […]
Did you know that homes in communities with HOAs tend to be worth 5% to 6% more than similar homes without an HOA? HOA management is one of the first terms that one will come across when moving into a neighborhood with a homeowners’ association. Although most individuals are well acquainted with the term […]
Managing a condominium building in New York City isn’t for the faint of heart. Between strict building codes, high resident expectations, and aging infrastructure, condo management in NYC can feel like a daily balancing act. Whether you’re a board member or a property manager, the key to success lies in identifying common challenges and implementing […]
Today, HOAs consisting of single-family homes account for 60% of the community associations in the United States. When it comes to running a residential property, whether a suburban townhouse development or a Manhattan co-op building, understanding the difference between HOA management and building management is key to making smart decisions for your community. Both play […]
Did you know that there are an estimated 390,900 condo units in New York? Owning a condominium in New York City comes with the excitement of urban living, equity building, and community. Still, behind the scenes, effective condo management in NYC is what keeps these high-value properties running smoothly. Whether you’re a new condo owner […]
The construction market is an emerging market that is growing constantly, with a growth rate of 2.6%. In 2024, this market had a value of $2.12 trillion, and in 2025, its anticipated growth is $2.52 trillion. To achieve a greater ROI in this market, investors need to understand the process of construction management thoroughly. This […]
Commercial real estate includes all types of properties used for business or related purposes, like multi-housing apartments, offices, warehouses, and industrial properties. These properties contribute to the growth of the commercial real estate market and help it achieve new heights. In 2025, the anticipated value of the market is $25.79 trillion with a CAGR of […]
The real estate market is complex and consists of different types of properties that contribute significantly to its growth. At present, the market consists of residential, commercial, industrial, and mixed-use properties, with a value of $136.62 trillion. The market has a growth rate of 3.31% and can reach $155.60 trillion by 2029. In this market, […]
