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How to Soften the Sting of an Assessment UNABRIDGED

Magazine Article by Sami Najjar, Partner, Sandra Greer Real Estate on August 02, 2016

with assessments is that they are usually large and unexpected, not allowing unit-owners to budget for the expense

How to Create – and Pay For – a Five-Year Plan UNABRIDGED

Magazine Article by Abdullah Fersen, Newgent Management on August 01, 2016

on were very challenging for them. We organized the budget and the expenses. We increased the common

How to Take Advantage of New Loans for Condos UNABRIDGED

Magazine Article by Thomas Thibideaux III, New Bedford Management on August 01, 2016

to three years’ financials, and the number of owners in arrears. They want to see past and future budgets

How to Help Boards Make the Hard Decisions UNABRIDGED

Magazine Article by Bram G. Fierstein, Gramatan Management on August 01, 2016

to make up for the shortfall caused by the non-payment of common charges. A bare-bones budget

How to Choose a Manager Who Meets Your Needs UNABRIDGED

Magazine Article by Alvin Wasserman, Fairfield Properties on August 01, 2016

of this magnitude – preparing the project budget, interpreting the engineer’s reports, drawing up contracts

When Boards Need to Act Like a Chameleon

New York City

was still above what the board had originally anticipated and budgeted for. Timing is everything

When Should You Seek a Second Opinion?

New York City

, resulting in change orders on your project that can balloon the budget. You want to find out whether

Don't Get Stung by Unpaid Union Benefits

New York City

the treasurer know how to look for variances between what’s budgeted and what’s actually spent – probably

(Un)Civil War at Seward Park: Part 1

Lower East Side

and other costs. The memo stated that the co-op’s annual operating budget was $25 million but its income

"Just Do It"

Sunset Park

-consuming conversion of a dumbwaiter chute into closet space – was budgeted at $1.2 million, which meant the board

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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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