Condominium Governance, Reserve Funding, Financial Transparency

🏆 Worst Community Association Award

May 28 2026
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175 East Delaware Place HOA receives the First Annual Worst Community Association Award following years of reported governance disputes, reserve funding concerns, operating losses, transparency issues, and deferred owner costs. The article examines a PATS Score of 15/100, approximately $30 million in current unfunded reserve liabilities, and projections approaching $100 million in long-term obligations — while also discussing recent litigation reportedly filed by a sitting director seeking Holiday Fund records.

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