Georgetown

Thanks to John for sending from “Rose Park on the P Street.”

If you spot a hawk or any interesting wildlife around town, lunching or otherwise, and get a good photo please send where you spotted it to [email protected] and I’ll add it to the queue. Hawks around Town is made possible by a generous grant from the Ben and Sylvia Gardner foundation.


Sponsored

The reality

You’ve probably never read your building’s property management contract all the way through. Most board members haven’t either. If you did, you’d find a carefully defined scope of work — vendors coordinated, maintenance dispatched, assessments collected, reports generated.

What you wouldn’t find: anything about fiduciary duties. Reserve funding strategy. Compliance tracking. Case documentation. Institutional memory. The legal obligations that make your board personally accountable to unit owners.

That’s not an oversight in the contract. It’s the contract. Property management was never designed to cover governance. And yet most boards — paying $10,000 to $18,000 a year for the service — assume it does.

Operations and governance are different jobs. One has a contract. The other has a fiduciary duty.

What your building is paying — and what it’s getting.

What the contract covers. What it doesn’t.

The markup problem most boards don’t know about.

Beyond the management fee, most property management companies mark up vendor invoices — the plumber, the landscaper, the elevator contractor — by 10 to 15 percent before passing the bill to the association. It’s legal. It’s common. And boards have almost no visibility into it. (more…)


Fundraiser

From an email:

Billentine’s Bingo! a fundraiser for Billy dog
Black Cat (1811 14th Street, NW)
Feb. 13th, doors @7:30pm

Free to play!!! Killer Prizes!!! Bring cash for donations

Before Valentine’s Day hits, come play Bingo and show a little love to a true local heartthrob. Billy, DC’s most handsome cockerspaniel, has had some unfortunate health issues lately, so we’re raising funds to help cover a portion of his extensive medical bills. Free to play, but please consider donating.”


Animal Fix

If you have any animal/pet photos you’d like to share please send an email to princeofpetworth(at)gmail(dot)com with ‘Animal Fix’ in the title and say the name of your pet and your neighborhood.  If you love the animal fix and want to ensure PoPville’s long term viability please consider donating to our Patreon here.

“Winston and Finny in Brightwood Park”

“Riley, North Cleveland Park”


Dear PoPville


Photo by PoPville flickr user Phil

“Dear PoPville,

My moms turns 80 this spring and I am looking for recommendations for a restaurant that would be able to accommodate a party of about 15-20 people that would also offer true gluten-free options (due to celiac’s disease…not just a preference to eat gluten-free… in other words, no cross-contamination as it is a true food allergy). Thanks!”


Chinatown


6th and G Street, NW

From WMATA:

“Metro announced today the selection of Stonebridge and Rockefeller Group to redevelop its downtown DC headquarters site, the Jackson Graham Building (JGB), in the heart of the District’s Gallery Place commercial and entertainment area.

The developer will reposition the building – keeping the current Jackson Graham Building (JGB) structure – and reimagine it as a mixed-use commercial development, including the addition of three floors to the structure. The deal will generate long-term revenue for Metro through annual payments over the term of the 99-year ground lease agreement. (more…)