Condominium Fees Climbing

Recently, the Wall Street Journal reported that condominium fees are climbing, as a result of higher maintenance, operating, and reserve expenses, particularly in  high-rise condominiums.  Many Ohio condominiums have noticed similar rising costs as buildings age, operating expenses rise, and more amenities and services are offered.

To view the entire story, please click the following link (subscription may be required):

http://online.wsj.com/news/articles/SB10001424052702304791704579213960361674396?mod=dist_smartbrief

Categories

Three bars icon gold

Recent blog Posts

Three bars icon gold

Why Is Preventive Maintenance One of Your Association’s Most Important Investments?

When budgets tighten, it can be tempting for associations to delay maintenance projects. After all, ...
Read More →

K&C Partner, Scott Weiss quoted in Wall Street Journal

Before purchasing a home in an HOA or condo association, it’s important to look beyond ...
Read More →

Kaman & Cusimano Attorneys recognized by the Best Lawyers in America®

Kaman & Cusimano is proud to announce that 8 K&C lawyers have been recognized in ...
Read More →

Can Contractors Add Fuel Surcharges to Community Association Invoices?

In recent months, nationwide fuel prices have increased dramatically.  Condominium and homeowners’ associations are increasingly ...
Read More →