New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

Subscribe for Daily Updates!
SubmeteringFeb 06, 2017

Unless the Board gave authority to the CIC to pursue submetering, I would suggest that the Board vote to approve the project. If nothing else, the optics to shareholders are better. Submetering saves the building money. It's been proven time and again. Some shareholders will pay more. Most will pay less. They ones that pay more will be vocal. It's much better for an entire Board to be behind the project than a subgroup.

Join the Conversation Comments (0)

Introduce yourself to other members of Board Talk! Log in below or register here.

Board Talk members who registered prior to March 9th, 2016 will need to reset their password.

Introduce yourself to other members of Board Talk! Login below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.

Ask the Experts

learn more

Learn 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

Source Guide

see the guide

Looking for a vendor?