Page 3 - CooperatorNews Las Vegas Fall 2021

NEVADA.COOPERATORNEWS.COM OOPERATORNEWS NEVADA— FALL 2021 3 CooperatorNews Nevada is published quarterly by Yale Robbins Infomedia, 205 Lexington Ave., New York, NY 10016, (212) 683-5700. President: Yale Robbins, Executive Vice President: Henry Robbins. Subscriptions are available free by request to co-op and condo board members and homeowner associations. POSTMASTER: Send address changes to CooperatorNews Nevada, 205 Lexington Ave., New York, NY 10016. ©Yale Robbins Infomedia, 2021. All rights reserved. Application to mail Periodicals postage rates is pending at New York NY. FREE Subscriptions for Board Members, Property Managers and Real Estate Decision Makers. To Subscribe, please visit us at: Nevada.cooperatornews.com/subscribe TABLE OF CONTENTS Managing Conflict..... 1 One of the unique aspects of life in a condo community is that a building or HOA is in many ways a microcosm of the larger world outside. It can suffer from the same faction- alism and partisan bickering as any political entity, only on a much smaller, more inti- mate—and therefore potentially more damaging—scale. Conflict and divisions in condo 19 pandemic. With that said, condo, co-op, and HOA communities generate volumes of communities can and often do bleed into the community’s administration: the manager and board of directors. Even a seemingly minor conflict can upend a residential commu- nity if it’s not dealt with diplomatically—so boards and managers must be prepared to step up, step in, and do their part to defuse such issues before they turn into something worse. Climate Change & Residential Communities ..... . 1 The reality of climate change is upon us. Weather patterns have changed, and seasons have been altered. We experience more intense heat, more frequent, destructive storms, wide-ranging wildfires, and more destructive cold. Tornadoes—the spawn of conflicting hot and cold air masses—touch down in places they were once almost unheard of. What was scientific prognostication only a few years ago has become reality. It’s also a reality that most of the structures that house our homes—particularly high-rise multifamily buildings—were not designed for these types of changing climate events. While that’s a chilling thought, today’s communities have no choice but to deal with that reality, as well as plan for what may be ahead. Digital Documents .... 1 Paper, or electronic? It’s now a choice for everything, from the books we read for plea- sure to the books we keep on our associations and corporations. Even restaurant menus are digital today in the wake of the need for ‘touch-free’ environments amid the COVID- information and data every year, from minutes of meetings to receipts for expenses and payments to financial information on unit and share buyers. But how much of all that really needs to be kept, and for how long? And is there anything that should be kept spe- cifically in paper form, as well as digitized? Pulse..................... 4 Q&A..................... 5