Florida Condo Associations Must Now Have a Website — Here’s What Boards Need to Know
If you serve on a condominium board in Florida, there’s a good chance your responsibilities have expanded dramatically over the past few years. Between new reserve funding rules, structural inspections, and financial transparency requirements, board governance has become far more complex. One change that often surprises associations is that Florida law now requires certain condo associations to maintain a website or digital application. Under Florida Statute 718.111(12)(g), condominium associations with 25 units or more must maintain a website that allows owners to access official records electronically. These records include documents such as governing documents, meeting notices, financial reports, and other required disclosures.(Source: Florida Legislature – Florida Statutes §718.111) . Previously the threshold was 150 units, but as of January 1st 2026 this has been amended to 25 units.https://www.flsenate.gov/Laws/Statutes/2024/718.111 This requirement was strengthened following several condominium reform bills passed after the Surfside tragedy. Lawmakers wanted to ensure greater transparency and easier access to association records for owners. While the law applies directly to larger associations, many smaller communities are voluntarily implementing websites as well. Why? Because digital record access has quickly become an expectation for modern property governance. A well-designed association website can help boards: • Provide document transparency to residents• Post meeting notices and agendas• Share financial statements and reserve studies• Reduce administrative workload• Improve communication with owners and residents In other words, websites are no longer just a convenience — they are quickly becoming part of the infrastructure of responsible property management. Many associations initially approach this as a simple compliance requirement. But forward-thinking boards recognize that digital infrastructure can also improve operational efficiency and resident engagement. At Strateji Consulting, we often help associations evaluate not only telecom infrastructure and broadband agreements, but also the digital infrastructure that supports modern property operations — including association websites and digital communication platforms. Because in today’s environment, connectivity and digital transparency go hand-in-hand. Disclaimer This article is for informational purposes only and is not legal advice. All property situations are different. Property owners and boards should consult professionals regarding their specific circumstances. If you would like to explore opportunities specific to your property, reach out to Strateji Consulting to discuss your unique situation.
What Florida Condo Boards Need to Know About Structural Integrity Reserve Studies (SIRS)
Following the tragic collapse of the Champlain Towers South building in Surfside, Florida lawmakers introduced sweeping reforms to condominium safety regulations.One of the most important changes was the introduction of the Structural Integrity Reserve Study (SIRS) requirement. Under Florida law, many condominium associations must now complete a Structural Integrity Reserve Study for buildings three stories or higher, with periodic updates required every ten years. (Building Mavens)Unlike traditional reserve studies, SIRS focuses specifically on structural components such as:• Foundations• Load-bearing walls• Roof systems• Structural floors• Waterproofing systems The purpose is straightforward: ensure that condominium associations properly fund future structural repairs.Historically, many associations could vote to waive reserve funding to keep fees low. But under the new law, certain structural reserves can no longer be waived. (Florida Engineering LLC) That change has had major financial implications.Across Florida, many condo associations are now facing large reserve funding requirements—sometimes resulting in significant increases in HOA fees or special assessments.For boards, the challenge is balancing safety, financial planning, and affordability for residents. And while structural funding is essential, boards should also evaluate other operational efficiencies—such as telecommunications infrastructure agreements—that may help offset costs or create new revenue opportunities. As regulations evolve, proactive boards will focus not just on compliance, but on long-term financial sustainability.Disclaimer:This article is for informational purposes only and is not legal advice. All property situations are different. Property owners and boards should consult professionals regarding their specific circumstances. If you would like to explore opportunities specific to your property, reach out to Strateji Consulting to discuss your unique situation
The Hidden Revenue Opportunity in Multifamily: Telecom Infrastructure
Most multifamily owners focus on rent, occupancy, and operating expenses.But there’s another category increasingly influencing property value: connectivity infrastructure.Residents today expect fast internet in the same way they expect electricity or water. And as remote work and streaming continue to grow, connectivity quality is now a key factor in leasing decisions.This shift has created a new opportunity for multifamily operatorsTelecom providers are actively seeking access to apartment buildings to deploy:• Fiber networks• Fixed wireless broadband• 5G infrastructure• Smart building technologyFor property owners, these deployments can translate into direct revenue opportunities, including:• Access agreements• Marketing agreements• Bulk service contracts• Infrastructure leasingThe strategy isn’t simply choosing one provider. In many cases, creating a competitive telecom environment inside a building can drive better outcomes for both residents and owners.Some buildings choose bulk internet models that reduce costs for tenants. Others prefer open-access environments where residents can choose providers individually.Either way, the key is understanding what agreements are already in place—and what options exist.Many buildings signed telecom agreements decades ago when broadband demand looked very different. Those agreements may no longer reflect today’s market value.Forward-thinking owners are now evaluating telecom infrastructure the same way they evaluate parking revenue or retail leases.Connectivity isn’t just a service anymore.It’s part of the real estate business model. Disclaimer:This article is for informational purposes only and is not legal advice. All property situations are different. Property owners and boards should consult professionals regarding their specific circumstances. If you would like to explore opportunities specific to your property, reach out to Strateji Consulting to discuss your unique situation.
FCC Rules Every Multifamily Owner Should Understand About Exclusive Telecom Deals
For years, many apartment buildings signed exclusive agreements with telecom providers. These deals sometimes limited competition inside buildings, giving a single provider control over wiring infrastructure or marketing access. Today, that regulatory landscape is shifting.The Federal Communications Commission (FCC) has taken several steps to limit exclusive telecom arrangements in multi-dwelling units (MDUs), including rules addressing exclusive wiring and exclusive access agreements.The reasoning is simple: competition benefits residents.When multiple providers can serve a building, residents typically get:• Lower prices• Better service options• Faster technology upgradesHistorically, some agreements allowed a single provider to control wiring inside buildings, which effectively blocked competitors from entering the property. The FCC has increasingly scrutinized these arrangements in order to encourage competition.For multifamily property owners, the implications are significant.Many legacy agreements that seemed beneficial in the past—particularly those signed 10–20 years ago—may now limit revenue opportunities.In today’s environment, owners should ask several strategic questions:• Does our property have an exclusive marketing agreement?• Are there legacy wiring agreements in place?• Could additional providers increase property value or resident satisfaction?Connectivity is no longer just a utility. It’s an amenity—similar to a gym or concierge service.And in many cases, property owners can negotiate agreements that provide revenue share, infrastructure investment, or bulk service savings.In other words, telecom strategy is becoming a financial decision, not just a technology decision.Owners who revisit old agreements often discover opportunities that were previously overlooked. Disclaimer:This article is for informational purposes only and is not legal advice. All property situations are different. Property owners and boards should consult professionals regarding their specific circumstances. If you would like to explore opportunities specific to your property, reach out to Strateji Consulting to discuss your unique situation.
Why Tax Abatements Still Matter for Multifamily Development in NYC
New York City has always been one of the most difficult real estate markets in the world to build in. Land is expensive, construction costs are high, and property taxes can consume a significant portion of rental revenue. In many cases, property taxes alone can account for nearly 30% of rental income, which makes development economics extremely challenging without incentives. (Rosenberg Estis) For decades, the solution was the 421-a tax abatement program, a policy designed to encourage the construction of new multifamily housing. The program offered developers significant property tax exemptions in exchange for including affordable housing units in their projects. (TheGuarantors) At its core, 421-a reduced the tax burden created when a building’s assessed value increases after construction. Developers could receive property tax exemptions lasting 15–25 years or more depending on the project, helping offset development costs and enabling more housing supply. But the program expired in 2022, leaving developers and property owners navigating uncertainty. In response, New York introduced the 485-x “Affordable Neighborhoods for New Yorkers” program, which offers new incentives for multifamily development projects that meet affordability requirements. (NYC Government) For multifamily operators, these policies matter for one simple reason: they influence whether projects pencil out financially. If tax incentives disappear entirely, fewer rental buildings get built. That ultimately tightens housing supply, pushes rents upward, and limits development opportunities across the city. For property owners and investors, understanding how these tax incentive structures work can unlock opportunities—from repositioning existing assets to structuring development projects more strategically. That’s where telecom infrastructure strategy also comes into play. Multifamily buildings increasingly rely on connectivity as a core amenity. Broadband access, wireless infrastructure, and digital infrastructure agreements can provide new revenue streams that complement traditional real estate economics. Forward-thinking operators are now evaluating how telecom partnerships can supplement NOI, particularly as tax incentives evolve. The future of multifamily development in cities like New York will likely be shaped by three forces:• Tax incentives• Housing affordability policies• Digital infrastructure demandOwners who understand how these pieces fit together will have a significant advantage. Disclaimer: This article is for informational purposes only and is not legal advice. All property situations are different. Property owners and boards should consult professionals regarding their specific circumstances. If you would like to explore opportunities specific to your property, reach out to Strateji Consulting to discuss your unique situation.