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Make Your Co-op Approved for Lending UNABRIDGED

Magazine Article by Theresa Racht, Partner, Theresa Racht on November 03, 2016

’ve got a balanced budget; whether you are adding money to reserves for capital improvements; whether you
2016 budget, and a RAND Engineering & Architecture report used in the litigation.How did the other
It’s budget season. The time of year when boards confer with their managers, look to the past ... When preparing budgets, boards should base hard decisions on hard figures. ... Realistic Budgets ... Budget Season Is No Time for Wishful Thinking
it since 2001.” HPD’s demands included: a two-year financial audit by an independent CPA; budget
Your board's treasurer is your budget tamer. What exactly is the treasurer's role – and what sort ... This week we take you Under the Budgeting Big Top, where the big financial decisions are made.
’s going to say, ‘Why should I go to this other building for you?’” Under-budgeting can also backfire. “If ... The Gravity of an Unbalanced Budget
Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos
Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos
here, a $6,000 coil there – the board dips into two line-items in its annual operating budget: $7
budget to the entire board. (In self-managed buildings, of course, he or she will do even more ... Taming the annual budget is just the beginning of this crucial job.

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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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