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How to Determine if Your Building Project Needs a Project Manager UNABRIDGED

Magazine Article by Matt Resnick, Senior Director of Project Management, AKAM on September 05, 2024

extend over a year or more.”  Budgeting for each project is key. “The budget isn’t just construction

Strategies to Recover Unpaid Monthly Dues and Maintain Financial Stability UNABRIDGED

Magazine Article by Marc Schneider, Managing Partner, Schneider Buchel on November 27, 2024

boards take a proactive approach by building anticipated payment shortfalls into their budgets. Including

The Dreams of Lillian Wong UNABRIDGED

Magazine Article by Bill Morris on November 27, 2018

.M. seven days a week, and a big chunk of our budget is personnel. Our last big assessment was in 2002
of elevator equipment. The board instituted a capital reserve in its operating budget, which financed
budget. Although most flip taxes are designed to make this illegal, managers say that some buildings did
that it could use up to 50 percent of the flip tax for the operating budget — something Michael Wolfe, president
To help fund the proposed 2017 budget, the city council has revived Mayor Bill de Blasio
spawned three separate inquiries. The head of DCAA is scheduled to testify at a City Council budget
to put more onus on unit-owners. It would seem that it would be a smart move for boards to budget
income streams to help them keep their budgets balanced despite rising costs. That’s the case at Berkeley

Ask the Experts

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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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