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Verizon - Fios InstallationApr 19, 2010


Half the money seems extremely high for a FIOS project. However, it all depends on the hours of involvement that the manager dedicated to this that you might think the person may be meritorious of some bonus, even a larger oner at the end of the year for his/her efforts if you were to offer one.

If you read the contract that you have with the management company, it may stipulate that the manager may have to be compensated for overseeing a capital improvement project. FIOS is a project whose installation may run into thousands for a property. In some cases, there is special drilling in basements, ensuring that all the holes are completely patched and the wire mold is appropriately placed and covered. If the installation work is done smoothly and well, it may be thanks to the coordination of the manager and the superintendent.

Many boards feel that these improvement projects do not take time to oversee, but they may consume time. Otherwise, Board members should be highly involved to ensure that the installation met your standards and to avoid further compensation to the manager.
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iam op - escapefromyonkers Apr 21, 2010


this manging company leaves potholes in ped walk area in the garage, even after they have been reported to them by shareholders90 days latter and the trip and fall arwe still there.
simple preco patch/portland cement would fix it is hours

the same management company sent out a bulletin around the dec Holidays, stating it was customary to tip the ma, and the percentage that the board should tip him es also listed

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Well... - AdC Apr 21, 2010


You seem to have reasons not consider it necessary. I am answering a posting that could be very real and where performance of management is not in question or controversial. So, the answer is given for those who question whether management should get a tip for the efforts.

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Re: Well... - Anonymous Apr 21, 2010


Splitting money with the management company or managing agent is for the birds! "For letting Verizon install Fios in the building" What if the Superintendent/Resident Manager were to "Get a commission every-time a contractor works in the building", you would be looking to can his ass and throw him out the door!

No one should be getting any bonus or kick backs because it is wrong!

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