Condominium

ADS-TEC Energy Unveils the Future of Ultra-Fast EV Charging for Residential Complexes with Deployment at Marina Palms in Miami

Retrieved on: 
Wednesday, April 10, 2024

Battery-buffered, ultra-fast ADS-TEC ChargeBox overcomes challenges faced by large multi-family residences to deliver EV charging to growing populations of EV drivers.

Key Points: 
  • Battery-buffered, ultra-fast ADS-TEC ChargeBox overcomes challenges faced by large multi-family residences to deliver EV charging to growing populations of EV drivers.
  • Access to fast and readily available EV charging is one of the biggest hurdles to the adoption of EVs.
  • ADS-TEC Energy’s Marina Palms deployment is significant as it showcases a simple way to quickly deploy ultra-fast EV chargers and, in turn, speed up EV adoption.
  • To meet the demand for charging, ADS-TEC Energy will be deploying its ultra-fast charging solutions at additional large residential complexes, city centers, convenience stores and corporate campuses.

Daniel Neiditch's Triumph: Atelier Condo NYC Emerges Victorious with Full Dismissal in NY State Court Battle

Retrieved on: 
Friday, March 29, 2024

The 88-page lawsuit that was filed against Daniel Neiditch and the Atelier Condo has been fully dismissed with prejudice by the court, this was brought by a single apartment out of the 478 units.

Key Points: 
  • The 88-page lawsuit that was filed against Daniel Neiditch and the Atelier Condo has been fully dismissed with prejudice by the court, this was brought by a single apartment out of the 478 units.
  • These outcomes reaffirm that the accusations levied against President Daniel Neiditch and The Atelier Condo were unfounded and lacking in merit.
  • These accusations were always false and nothing but a tactic to distract attention from the activities of these individuals who brought the lawsuit.
  • The financial ramifications of these legal battles have been substantial, imposing significant legal costs on the Atelier Condo.

As anticipated from a slow December, GTA new home sales soft in January as buyers remained tentative

Retrieved on: 
Monday, February 26, 2024

“Pent up demand continued to accumulate with buyers taking a wait-and-see attitude,” said Edward Jegg, Research Manager with Altus Group.

Key Points: 
  • “Pent up demand continued to accumulate with buyers taking a wait-and-see attitude,” said Edward Jegg, Research Manager with Altus Group.
  • There were 345 single-family home sales in January, up 92 per cent from January 2023 and 78 per cent below the 10-year average.
  • This represents a combined inventory level of ten and a half months, based on average sales for the last 12 months.
  • The benchmark price for new condominium apartments was $1,052,474, which was down seven per cent over the last 12 months.

New eVoting Platform from Pilera Helps HOAs Achieve Quorum

Retrieved on: 
Thursday, February 1, 2024

NASHUA, N.H., Feb. 1, 2024 /PRNewswire-PRWeb/ -- The new platform, called PileraVOTES, brings efficiency, enhanced security, and increased participation to community associations, empowering homeowners to shape their community's future. With features such as real-time ballot tracking and customizable questions, community leaders can now facilitate transparent and inclusive decision-making, ensuring every voice is heard.

Key Points: 
  • "After updating our HOA bylaws we conduct Board of Trustees elections with an electronic option via Pilera.
  • With secure eVoting for HOAs, members can vote conveniently from their smartphones, making it easier for community associations to achieve quorum and have a successful voting outcome.
  • "Community associations face a range of challenges when it comes to their voting processes, says Ashish Patel, CEO & Founder of Pilera Software.
  • "Already had 2 annual elections, and in the most recent, about 80% of homeowners voted electronically via Pilera with the rest voting by paper."

Brad Wells Elected To National Executive Board Of Canadian Condominium Institute

Retrieved on: 
Wednesday, January 17, 2024

TORONTO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Associa Canada , a leading provider of condominium and strata management services throughout Canada, is proud to announce that Regional Vice President Brad Wells, MBA, RCM, RPA®, CMCA® has been elected to the national board of the Canadian Condominium Institute (CCI).

Key Points: 
  • TORONTO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Associa Canada , a leading provider of condominium and strata management services throughout Canada, is proud to announce that Regional Vice President Brad Wells, MBA, RCM, RPA®, CMCA® has been elected to the national board of the Canadian Condominium Institute (CCI).
  • In addition, Wells will serve as an industry advocate for higher standards in all services provided to condominium clients.
  • Formed in 1982, the Canadian Condominium Institute is the Voice of Condominiums in Canada.
  • “Brad is a key member of our senior leadership team, and I am incredibly proud at his joining the Canadian Condominium Institute’s national board,” said Associa Canada President Todd Cooper.

2023 TURKS & CAICOS REAL ESTATE - 4th QUARTER YEAR IN REVEIW YTD COMPARISON by Turks and Caicos Sotheby's International Realty

Retrieved on: 
Sunday, January 21, 2024

PROVIDENCIALES, Turks & Caicos Islands, Jan. 21, 2024 /PRNewswire-PRWeb/ -- Led by Significant Sales 2023 Market Puts Exclamation Point on Happy New Year!

Key Points: 
  • We look forward to 2024 as we take a brief look back in this report at our successful results within our real estate market.
  • PROVIDENCIALES, Turks & Caicos Islands, Jan. 21, 2024 /PRNewswire-PRWeb/ -- Led by Significant Sales 2023 Market Puts Exclamation Point on Happy New Year!
  • We look forward to 2024 as we take a brief look back in this report at our successful results within our real estate market.
  • Happy New Year from all of us at Turks and Caicos Sotheby's International Realty.

Associa’s Top 8 Frequently Asked Questions About Condominium Association Insurance

Retrieved on: 
Thursday, January 11, 2024

Condominium association insurance coverage, also called a Master Condo Policy, is a type of insurance designed to cover the cost of condo property damage, protecting association members against liability.

Key Points: 
  • Condominium association insurance coverage, also called a Master Condo Policy, is a type of insurance designed to cover the cost of condo property damage, protecting association members against liability.
  • The general purpose of condo association insurance is to cover unexpected costs that result from damage, accidents, and injuries in shared spaces.
  • Because a Master Insurance Policy limits financial risk for the association and its members, many governing documents require a form of insurance.
  • Condo association insurance can be more complicated than other types of coverage, so find an agency that specializes in condo association coverage.

GTA new home market continues flat in November; increase over prior year

Retrieved on: 
Thursday, December 21, 2023

“The inventory of new homes available to purchase shrank in November,” said Edward Jegg, Research Manager with Altus Group.

Key Points: 
  • “The inventory of new homes available to purchase shrank in November,” said Edward Jegg, Research Manager with Altus Group.
  • There were 384 single-family home sales in November, up 41 per cent from November 2022 and 62 per cent below the 10-year average.
  • The GTA is on the cusp of a balanced market from a month’s inventory perspective.
  • With total inventory actually decreasing month over month, the balanced market from a month’s inventory perspective is a factor of low sales, not more product coming to market.

GTA new home market returns in September

Retrieved on: 
Thursday, October 26, 2023

“September sales surged as pent-up demand pulled buyers from the sidelines,” said Edward Jegg, Research Manager with Altus Group.

Key Points: 
  • “September sales surged as pent-up demand pulled buyers from the sidelines,” said Edward Jegg, Research Manager with Altus Group.
  • There were 595 single-family home sales in September, up 1,140 per cent from September 2022 and 37 per cent below the 10-year average.
  • “While we are starting to see a resurgence in the market, one month does not make a trend,” said Justin Sherwood, SVP Communications & Stakeholder Relations at BILD.
  • *Altus Group should be credited as BILD’s official source of new home market intelligence.

GTA new home market slows in July in response to rate hike

Retrieved on: 
Wednesday, August 23, 2023

“GTA new home sales slumped in July,” said Edward Jegg, Research Manager at Altus Group.

Key Points: 
  • “GTA new home sales slumped in July,” said Edward Jegg, Research Manager at Altus Group.
  • There were 362 single-family home sales in July, up 281 per cent from July 2022 but 51 per cent below the 10-year average.
  • The benchmark price for new condominium apartments was $1,084,768, which was down 9 per cent over the last 12 months.
  • *Altus Group should be credited as BILD’s official source of new home market intelligence.