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on the left-hand side, easily comparing how much is spent against the budget line item. They can make notes
versus budget. After reviewing the transactions and the budget versus the actual numbers, I would send
for the Independent Budget Office, a publicly funded agency that provides nonpartisan information about New York City
that will blow a hole through your proposed budget. Some buildings charge 10 to 15 percent of the total budget
really feel the pinch. They’ve counted on that income in their budget, and suddenly it’s gone. Aren
, resulting in change orders on your project that can balloon the budget. You want to find out whether
’s budgeting capabilities before engaging it for a capital improvement project.  Adequate planning provides
budget and are very budget conscientious,” says Yuen. “We have only 26 unit-owners in our building
their right of first refusal when a purchaser intends to use the unit as an investment property.  Budget
to 2 percent per year. Built into the $4.6 million annual budget is a fund for capital projects

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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

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