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A Reserve Study Takes the Long (30-Year) View

New York City

A reserve study is a budgeting tool that helps boards plan for the replacement of all

Seeing Through the Static on Cable TV Rate Deals

New York City

so quickly.” Those are just some of the factors to consider. How do you even budget for this

This Co-op Lets the Sun Fund Its Capital Improvements

Ossining, Westchester County

and was able to pay back the portion it used out of the operating budget, Montesano says. The tax credits were

Brooklyn Heights Co-op Cuts No Corners on Garage Repairs

Brooklyn Heights, Brooklyn

for shareholders, the rest rented out by Square Parking. The projected budget to do the job once and do it right

City Island Condo Is Now Safe From the Sound

City Island, The Bronx

budget,” Riordan says, “we made sure there were no cost overruns, and we put other big projects on hold

This Co-op’s Parking Garage Went From Asset to Liability

Stamford, Connecticut

as a valuable source of revenue that can help balance the budget. But those assets can – through neglect, bad

A Brooklyn Heights Co-op Parks $1 Million on Garage Repairs

Brooklyn Heights, Brooklyn

spaces, 155 for shareholders, the rest rented out by Square Parking. The projected budget to do the job

Lost Commercial Income “Trickles Down” to Co-op and Condo Residents

New York City

’s encouraging those co-op boards to make up for their budget shortfalls through assessments rather than

The Rules Keep Changing for Co-op and Condo Boards

New York City

gas-piping inspections, new restrictions on gas installations, co-op budgeting requirements and co

New Tax Break for Major Building Upgrades

New York City

it hard to budget accurately. The new program has a simplified tax-abatement formula. “To the extent

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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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