Are you a subscriber but don’t have an online account?

Register for full online access.


More stories about Management

  • Weathering the Downturn

    Small construction companies are relying on diverse strengths to survive in a dismal economic climate.

  • Surviving the Recession

    We’re in the midst of unprecedented uncertainty in the financial markets, and consumer confidence is the lowest it’s been in a long time. It seems that no one really knows what’s going to happen.

  • Defining Your Niche Can Help in Downtimes

    I specialize in custom decks. I switched to this niche last winter, when my backlog of general remodeling work dried up and I had no jobs on the horizon. The suburbs of New York City — where my business is located — were hit hard by the economic downturn; many GCs I knew were going out of business.

  • Employee Drinking on the Job

    Suppose your lead carpenter calls and says there has been an accident: One of your employees cut his finger off — and by the way, he had alcohol on his breath when it happened. What do you do? If you’re like most contractors, you fire the employee and then say to yourself, “Whew! I’m glad that’s...

  • How Hills Tamed HUD

    WASHINGTON, D.C.— When Carla Hills took over the Department of Housing and Urban Development (HUD) in 1975, nobody expected her to be a hero for housing.

  • Buyers, Sellers Look To Deal On Distressed MF Assets

    A burgeoning roster of opportunity funds and related investment vehicles are poised to pounce on distressed assets, including debt secured by struggling apartment properties and failing condo development and conversion ventures.

  • Virtual Filing Cabinets

    While the promise of a truly paperless office is still many years away, property management companies are getting one step closer through document management applications.

  • Hits & Misses

    Fresh Meadows, N.Y.—Devices created by U.S. Energy Group, an energy services company headquartered here, helped area apartment investor Metropolitan Property Management (MPM) cut the fuel it uses to heat hundreds of apartments by more than 25 percent.

  • Eden Park Illumination Announces Management Team

    Eden Park Illumination has announced the appointment of its new management team.

  • Sandler Sales Training: Is It Worth the Cost?

    For small contractors in today’s competitive market, sales skills can make the difference between struggling and prospering. Yet many contractors turn up their noses at formal sales training, viewing it as a waste of time and money. Are they right? Or is enrolling in a training program an effective...