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operating budget is funded entirely with maintenance revenue, along with ancillary charges ... This Queens co-op benefits from balanced budgets and a healthy reserve.
Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos
includes the current budget, past audited financial statements, variance report, action list, status
elevators needed repairs. The project was budgeted at $1.8 million, about $12,000 to $15,000 per shareholder
Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

Pressing People for Peer Review UNABRIDGED

Magazine Article by Frank Lovece on June 03, 2016

regulation may come into play. In such cases, change orders on your project can balloon the budget. You want

Blindsided by Benefits UNABRIDGED

Magazine Article by Bill Morris on June 03, 2016

. “You want to let the treasurer know how to look for variances between what’s budgeted and what

(Un)Civil War at Seward Park UNABRIDGED

Magazine Article by Marianne Schaefer on June 03, 2016

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

Press for Payment Options UNABRIDGED

Magazine Article by Matthew Hall on June 03, 2016

had to do improvements,” says Killen, who reports that the project was budgeted at $1.8 million. “I

Deepdale Playbook UNABRIDGED

Magazine Article by Paula Chin on June 03, 2016

annual operating budget is funded entirely with maintenance revenue, along with ancillary charges

Ask the Experts

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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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