HABITAT
Avoiding The Mortgage Refinancing Mistake
Among the many financing decisions facing co-op and condo boards, refinancing the property's underlying mortgage — which is typically done to pay for capital repairs — is one of the most challenging, and complicated. In this episode, Harley Seligman, senior vice president at the National Cooperative Bank, sheds light on the biggest misstep boards make when refinancing — which is not borrowing enough. Harvey Seligman is interviewed by Paula Chin for Habitat Magazine.
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Habitat Week by Week
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
Ask the Experts
learn moreLearn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments
Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
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