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Boards should carefully vet contractors, obtain surety bonding, hire construction managers, and have robust alteration agreements to protect their property from construction chaos and potential liens.

The co-op in question installed a $1.5 million electric HVAC system without consulting a mechanical engineer, relying solely on the manufacturer's plan and installation. It was later discovered that the system lacked proper air circulation due to the absence of return lines, leading to its inefficiency. The board should have sought expert advice from engineers or architects and considered a maintenance contract for the system to avoid such issues.

A bond can protect a co-op or condo from scary financial consequences.

The contractor relationship can go south quickly, so make sure you have your paperwork in order.

Co-op and condo boards are often strapped for cash for major capital projects, but you worked with a building that came up with an innovative solution.

Are mandatory elevator upgrades causing tension with your co-op and condo clients?

When a building hits a stumbling block with a contractor, the solution could be right next door.

Death and liability.