September 2014, Vol 4, No 9
Visit our archives to see other articles that were published in 2014.
04.15.14 Voting Open for National Mgr. of the Year Contest
Vote between April 14-27, 2014. The Top 3 On-site Managers are Nickie Greco of Palomino Park Owners Association (Highlands Ranch, CO), Marcy Kravit of 2600 Condominium (Weston, FL), and Mystre' Van Horn of Fairfield Harbour POA (New Bern, NC). The Top 3 Portfolio Managers are Danielle Carbajal of Prellis Property Management (Granada Hills, CA), Catherine Holladay of Management Specialists Services, LLC (Gainesville, FL) and Jose Pazos of Pazos, Robaina & Zapata Management Group (Miami, FL). Winners announced in Orlando, FL on May 14, 2014. Winners get trophy and $5,000 cash prize. [Association Reserves]
- 02.10.2014 Why Chicago's Construction Industry is Looking Up. Signed contracts for development hit their highest level in five years in 2013. And those in the industry think this year could top that. The expansion is a welcome turn for executives who had to scramble to find work during the lean years, suppliers sunk by the dearth of new building projects and workers who got up each morning with no reason to put on a hard hat.[Chicago Business]
- 02.10.2014 Delayed Chicago Spire Back on Track. Shelbourne Development Group says it now has the funds to resume construction of the Chicago Spire, which was suspended in Y 2008. Construction of the tower, which was expected to be the tallest free-standing building in the Western Hemisphere, was halted during the financial crisis, just before the economy failed.[Live Trading News]
- 01.15.2014 Million Dollar Home Sales Exploded in 2013. Sales of high-end homes in Chicago and the suburbs went nuts in 2013. The number of homes that sold for $1 million or more was up 33.4 percent from 2012, according to figures from Midwest Real Estate Data. That’s a much bigger increase than the overall market; sales of homes at all prices went up 23% in 2013.[Chicago Magazine]
- More News...
There’s probably not a condo, HOA or co-op board that doesn’t worry about money at some point or another, which is why staying on top of the latest money-saving opportunities is vital for any building or community to be successful. One of the biggest ways to save money is to cut energy costs, and there are a number of things that can be done to achieve that. Read More
Energy is money. And in big condo buildings, energy is big money—we’re talking thousands upon thousands of dollars in waste or savings. Most folks know that turning off lights in unoccupied rooms, taking shorter showers, and turning down the thermostat a couple of degrees can help save energy—and by extension, money. Helping an entire building cut costs and reduce its carbon footprint can be a little trickier, however, which is why many co-op and condo buildings hire professional energy consultants to assess their energy profile and make recommendations as to how it might be improved. Read More
Funny thing about human nature—it’s not impulsively "natural" at all. Despite knowing that 1.1 billion people lack clean drinking water and thousands of children die from the diseases in that dirty water, people living in better circumstances tend to ignore their own ability to decrease the amount of water waste through sensible, environmental practices. Like fixing the leaking toilet, turning the water off, upgrading appliances, taking shorter showers or defrosting food in the refrigerator instead of under running water, in other words, using less water. Read More
Chicago is trashy. Literally. Whether it’s paper plates, cups, napkins, food waste or E-waste, such as discarded computers, office electronic equipment, entertainment systems or mobile phones, every day, residents of the Windy City produce hundreds of tons of trash. In 2012, the city's Department of Streets and Sanitation hauled away 892,034 tons of garbage in Chicagoland. That’s about 657 pounds per person. Removing a multifamily community’s trash and recyclables is an important job and if not handled correctly, things can get messy. Read More