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Hey - that's my co-op :)

. And those monthly savings are available as working capital in case of extreme need. This is our way

Reserves

%: if it is a minimum or an annual amount to be accumulated if not used. In my co-op we have capital projects every year

Reserves & Self Escrows

have: • Capital Reserve Account • Mortgage Escrow • Water/sewer self escrow • Real

Maintaining / Increasing value

of the year. Do not defer capital repairs/replacements Who wants to buy into a dump? We replaced all

Tools for Taking Control from the Sponsor UNABRIDGED

Magazine Article by Atlene Waye, Awaye Realty Management on August 08, 2022

boiler, facade and roof repairs and more, but the co-op had minimal reserves and couldn’t pay for capital

Condo Governing Documents, p.2

spend on capital improvements and non-emergency capital repairs (i.e., roof or façade repair) without

Fantasy Budgets Are the Bane of Managers UNABRIDGED

Magazine Article by Paul Brensilber on July 30, 2019

for annual operations and big capital projects? There are two mistakes. One is combining the operational

Spending Solutions UNABRIDGED

Magazine Article by Mitch Frumkin, Kipcon on June 17, 2020

. How does a capital-needs assessment differ from a reserve study? A capital-needs assessment is very

The Avery Condominium’s Plan UNABRIDGED

Magazine Article by Bill Morris on October 16, 2023

on Manhattan’s West Side, Ray Murphy has overseen three capital projects that have saved unit-owners hundreds

COVID-19 Can’t Derail This Co-op’s Massive Window Job

Gramercy Park, Manhattan

in coming,” says Prial, who has been deeply involved in major capital projects at the co-op, including ... . Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers

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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

see the guide

HABITAT

RESULTS FOR [CAPITAL PROJECTSZ]