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Building Violations: How to Avoid Financial Consequences and Reputation Damage UNABRIDGED

Magazine Article by Brandon James, Partner, Borah, Goldstein, Altschuler, Nahins & Goidel on November 27, 2024

— equivalent to roughly 18 months of their annual budget. This massive liability not only affected the building

Boards Must Be Savvy in Negotiating Construction Contracts UNABRIDGED

Magazine Article by Lisa Radetsky, Partner, Phillips Nizer on November 26, 2024

payments to the contractor. COST CONTROL. Without proper safeguards, projects can easily exceed budgets

Construction Chaos: Protecting Your Building From Contractor Woes UNABRIDGED

Magazine Article by Jacqueline Vogt, Partner, and Boris Peyzner, Partner, Mandelbaum Barrett on November 26, 2024

% and 3% of the total project value. While that might seem steep for a budget-conscious board, it can

Balancing Generosity and Fairness: How to Handle Holiday Bonuses in Your Building UNABRIDGED

Magazine Article by Paula Chin on November 25, 2024

at the year-end by the board, usually after a vote and coming from the building’s labor budget. Typical bonus

Interior Soundproof Windows Offer an Affordable Solution to Noise Pollution in Apartments UNABRIDGED

Magazine Article by Carol Ott on November 25, 2024

curb carbon emissions, which is important for any building on a tight budget.”

Creative Ways For Co-op and Condo Boards to Balance Their Budgets

New York City

In their quest to balance budgets, many co-op and condo boards rely, with reluctance, on one ... Here are three ways for boards to balance their budget without a maintenance increase ... Creative Ways For Co-op and Condo Boards to Balance Their Budgets

Cabrini Terrace Co-op Restores Original Steam Heating System, Cutting Gas Usage by 15%

Hudson Heights

Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

Following the Money: What New Condo Boards Need to Know About Sponsor Exit

sold so there aren’t enough paying owners to fund the budget, yet the building is operating ... Budget, Condominium, Operating expenses, Owners, Sponsor ... Discover the intricacies of condo operating expenses and budgets when sponsors turn over control ... exit works, what new condo boards need to understand about the budget when they take over and what

Insurance Premiums Skyrocket: How to Navigate the Financial Impact UNABRIDGED

Magazine Article by Jason Schiciano President, Levitt-Fuirst Associates on November 06, 2024

be negative, to give them the time to digest it and to adjust their budgets accordingly.” Two months before ... to adjust their budgets accordingly. (Print: INSURANCE STICKER SHOCK)

New York State Beats Goal of Installing 6 Gigawatts of Solar Power

New York State

Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

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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!

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

Coop serious problem - staff work without permits, etc

DM Dec 15, 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

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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

Source Guide

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