Page 3 - WFL Cooperator Fall 2019

FLCOOPERATOR.COM THE WESTERN FLORIDA COOPERATOR — FALL 2019 3 Yale Robbins Publisher Henry Robbins Executive Vice President Joanna DiPaola Associate Publisher Hannah Fons Senior Editor David Chiu Associate Editor Pat Gale Associate Editor Shirly Korchak Art Director Anne Anastasi Production Manager Victor Marcos Traffic Coordinator Alan J. Sidransky Staff Writer Fred Marks Director of Sales TABLE OF CONTENTS Managing Board Conflict In a community association, it falls to the board to put out any fires that ignite among the property’s residents. But what happens when the blaze springs up between the board members themselves? PAGE 1 Board Optics Community association and co-op boards typically consist of elected volunteers whose job is to serve the best interests of the community in day-to-day decisions both big and small. In an ideal world, every board would live and die by its fiduciary duty, making well-informed choices that not only keep its community or building solvent, but also maintain a pleasant environment in which to live. But would even that ideal scenario be enough? If a board is doing all the right things but fails to communicate the hows and whys of its decisions to its constituents, will those decisions be received approvingly? PAGE 1 Board Demographics Volunteerism is arguably the bedrock of co-op and condominium communities. One buys into one or the other with the expectation of participating in the governance and operation of the property. Volunteering for board or committee service, though, is often a matter of time – something many of us don’t have much of these days, especially the ‘extra’ kind. As a result in many communities, it’s the older and often retired residents who have the hours to offer for board and committee service. The result is that often boards are dominated by older, longer-term residents, which in itself isn’t necessarily a bad thing – it’s just a fact. PAGE 1 Industry Pulse/Calendar PAGE 4 Q&A PAGE 5 The Western Florida Cooperator is published monthly by Yale Robbins Publications, LLC, 205 Lexington Ave., New York, NY 10016, (212) 683-5700. President: Yale Robbins, Executive Vice President: Henry Robbins. Subscriptions are available free by request to co-op and condo board members and homeowner associations. POSTMASTER: Send address changes to The Western Florida Cooperator, 205 Lexington Ave., New York, NY 10016. ©Yale Robbins Publications, LLC 2019. All rights reserved. FREE Subscriptions for Board Members, Property Managers and Real Estate Decision Makers. To Subscribe, please visit us at: soflcooperator.com/subscribe flcooperator.com PROFESSIONAL RESTORATION EVALUATION Prepare your property for 40 year inspections on a regular basis to avoid major costs. • Rebar spalling • Stucco • Sidewalks/catwalks • Expansion joints • Waterproo ng • Concrete new and repairs • Painting ALL CONCRETE COATINGS AND PAVERS Fully licensed and insured- #CC02-10318-CGC058923 Servicing Condo-HOA -Management companies BBB AAA Accredited | ICRI member APlusConcreteRestoration@gmail.com | www.APlusRestoration.com 954-757-9099