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Pgrech is pretty much on the money on this one. If I may add the following. A lot
-op counsel when in doubt in spite of the money it may charge you. After all, when you are a board member you
months' worth is fantastic. With lots of extra money you can pay capital improvement bills up front
't have to wait for her money), and keeps the average apartment price in your building high. Of course
and phone calls from Board Pres. and MA again, and still has not sent in any money. Is it time to engage
there was a way to collect money. Thing is, the co-op would have to be able to prove it was a sublet (not
-op monies for the repairs. As a shareholder i would, and i am. Dont steal my money or screw over my
it back as a credit on their bills. I would suggest following the money trail. The funds are not in any
the money spent for carpeting simply because they wanted parking? Can they demand a sum fromt the board
://www.orps.state.ny.us/star/cooperative_apartments.htm If you get assessed when STAR is declared, it may be that the co-op did not collect enough money

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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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