A primary responsibility of the board of directors is protecting the building’s financial health. To do that, transparency is paramount. In this episode Michell Abubo, managing partner at Highrise Property Management, shares a case study of a Queens co-op where a lack of transparency was deadly, ultimately leading to a change in management. Habitat’s Paula Chin conducts the interview.
How To Run Your Building: For Co-ops and Condos
11/13/24 • 13 min
How To Run Your Building! For Co-ops and Condos - Why Transparency Is Key
Transcript
Paula Chin: Welcome to How to Run Your Building, a conversation with New York's leading property management executives. I'm Paula Chin with Habitat Magazine, and my guest today is Michelle Abubo, managing partner at High Rise Property Management.
You can't have a well run building without an effective and transparent accounts payable process.
But boards can find themselves left in the dark if their management company isn't doing the job right. Whether it's paying
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