April 2008 Vol. 6, No. 4
The April 2008 issue of New England Condominium magazine focuses on Maintenance.
In this issue, you can read about a how to attract and keep management staff, the subprime mortgage fallout, and Portsmouth, New Hampshire.
News Briefs
- 05.07.08 Town Meeting changed the rules for age-restricted developments May 1, just not in the way petitioner had originally wanted. The bylaw was that only people over 55 could live in age-restricted developments, and at Town Meeting, the petition article requiring only one member of a household to be over 55 was withdrawn.[Wicked Local.com]
- 04.04.08 The NH Seacoast area real estate market registered a modest gain in March. Pending sales of single-family homes increased 25 percent in the nine sample Seacoast towns and closed sales experienced a 29.1 percent increase from February. [Seacoast Online]
- 4.04.08 Ocean Breeze Condominium owners at 566 Shore Road, Truro, will have to accept a neighbor crossing their land and using their beach after losing a state appeals court case Tuesday.[Cape Cod Times]
- 4.02.08 The Esplanade was supposed to be Ed Cobb's last home. He has a condo with a sun-splashed open floor plan and emergency call buttons in the kitchen and bathroom, just in case he takes a fall.[Boston.com]
-
03.29.08 Some condominium owners in the Arrowhead Lake area of Columbiana, Ohio, are crying foul on one condominium association·s treatment of water fowl. [Morning Journal]
-
03.19.08 Connecticut Attorney General Richard Blumenthal, in formal testimony to the Judiciary Committee today, urged establishment of a state board to assist condominium unit owners by ensuring that condominium associations abide by their bylaws and state laws, and tighter licensing requirements for condominium managers. [Stamford Plus]
Featured Articles
Portsmouth, New Hampshire: Open for Business
Consensus holds that Portsmouth, New Hampshire, has it all. Not content with a distinguished naval history only, the city of about 20,000 has blossomed like the strawberries once did on the banks of the Piscataqua River. Now, while remaining conscious and protective of its historical assets, it provides a welcoming haven for a diversity of art and business. It has been aptly nicknamed “The City of the Open Door.” Read More
How to Attract and Keep Management Staff
If a service company’s number one asset is its people, there is no more important topic than “How to Attract and Keep Staff.” The challenges of finding, hiring and keeping the best staff—at a cost that still fits within the overall financial plans of the company —are universal to all companies, but particularly important for managementfirms. Read More
The Subprime Mortgage Fallout
The Climate of the real estate market across the country has shifted, and the fallout from the subprime mortgage crisis has been felt in cities and towns throughout the country. The co-op and condo market in New England is no exception, as unit owners, board members and buildings have been affected by the changing tide. Read More
