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Accountant and questions at annual meeting

the records. IN the process, the independent accountant may be more careful with the way capital reserves

Our 500 unit co-op all windows not equal

our capital reserve fund and our yearly assessments. 6. We do not have a punch list as our “

Back to the Basics

governing docs that requires a vote if capital expenses exceed a certain amount. If you go that way, make

Investor or sponsor

on financial issues such as maintenance, capital investment, refinancing, etc. I would rather have

Our annual meeting process

year, the proposed increase (a range) in maintenance and assessments* the status of capital improvement

Co-op Cant get Financing

of America, Citi, HSBC, TD, Capital One) nor NY credit unions will finance in our building due to high

Flip Tax/Assessment

they know they have a major capital expense coming up, like a new elevator or a new roof. Assessments

Lost co-op stock certificate

capital-gains tax burden when you sell to someone else. Only a professional in the field can tell you

Lost Certificates of Shares

as possible. The current value of the units will become your new basis for capital gains purposes

New Guidelines for Apartment Loans

of the cooperative or condominium. The lender is also tying in the footnotes with regard to any capital improvements

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Board Talk

Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!

Sprinkle system for insurance?

Pooh Dec 23, 2024

Super starting his own business outside of the co-op

Bob B JR Dec 20, 2024

radiator air valves

Pre-war cooperative NYC Dec 19, 2024

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 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

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