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Board president wants all owners to vote on building issues

Why do you feel Steven424 that the maintenance has to be raised every year. Money can be raised

co-op with garage space

make a lot of money renting them out (if allowed by the co-op). I am not a lawyer, so the above

assessment

that emergencies come up all the time, where that assessment money might end up going. But I would like to know

Plumbing charges

in your Occupancy Agreement (aka Proprietary Lease). Before you get into arguments and/or pay any money

Project Cost

they fine, which means a Change of order invoice, and more money. We have an old bldg, and it has been

Senior and Veteran abatement

a senior exemption of $500 and a veterans exemption of $400, that’s $900. We would give you that money

Assessments

I believe a good and decent Board will tell you where the money is going. We just had

Village's License for our Co-op

, by September the fine is $20,000.) We are afraid that additional money-grabing licenses could be initiated

Private Loans from the Reserves UNABRIDGED

Magazine Article by James W. Glatthaar, Bleakley Platt & Schmidt on November 01, 2012

of the reserve fund for a personal business transaction. He agreed to (a) pay seven percent interest on the money

How to Benefit from Low Interest Rates UNABRIDGED

Magazine Article by Geoffrey R. Mazel on November 01, 2015

the current environment. The new money is then placed in the cooperative’s reserve fund and can be used

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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!

Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 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

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