Annual Meeting [Part #2]: New Management

After the verbal barrage from the residents, we met with the new management group, CDW. CDW replaced our old management group, PREM. This was a fairly positive part of the meeting as CDW management group promised that they will be able to keep the HOA rates significantly lower and improve the quality of the service to the building. Currently, HOA dues were expected to be .52 per sq/ft when enacted, but they said they would lower it by a good .10 sq/ft. So depending on the size of the units, a considerable amount of savings were to be had. .41 per sq/ft. That would be pretty sweet. We’ll see. I can be skeptical, right?