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Here’s How Co-ops and Condos Can Cut Their Energy Bill

Most of a co-op’s or condo’s budget – roughly 80% – is eaten up by fixed costs, such items

Apartment Values Drop When Condos Can't Put 10% in Reserve. However...

that by commissioning a reserve study, a budget-planning tool that combines a physical and a financial analysis of your

Board President Paul Morejon: "I like to find a consensus among shareholders"

Harlem, Manhattan

patio furniture for the courtyard. It does not include discussions on the budget or personnel

Five Ways Your Co-op Can Fatten Up Its Reserve Fund

New York City

and gas bills, buildings should prepare an annual operating budget. Included in that budget should

Don't Wait Until Summer to See If the Pool Needs a Makeover

New York City

the project. Next, the board needs to set a budget and agree on a work schedule. It stands to reason

Worst-Case Scenario: Planning Ahead in Case of a Service-Workers Union Strike

New York City

estimate when making up a budget; others will decrease it." The 12 Days of Walkout The second order

Ask Habitat: How Do We Create a Green Space That Increases Our Market Value?

New York City

Garden Your committee can decide on an initial planting, a budget and anticipated uses

Ask Habitat: Why Are Sales Drying Up at Our Co-op?

New York City

this line item in its annual budget, your board should establish it ASAP. Owner-occupancy. Under the theory

A $400 Tax Rebate Proposed for “Middle-Class” Co-ops and Condos

New York City

overnight. So I’m proud our budget response includes relief in the meantime.” Johnson’s tax rebate

Condo Hit With Assessment and Common Charge Jump

Upper East Side, Manhattan

discussed. We then continued that process and developed a budget for 2019, which also included a fairly

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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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