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:  A co-op needs to borrow a substantial sum for immediate capital needs. But some shareholders
be exposed to potential deficits when large capital projects, such as roof and boiler replacements

Finding Out About the Franchise Tax UNABRIDGED

Magazine Article by Bill Morris on May 01, 2010

“franchise tax” – actually a tax on a co-op’s or condo’s capital – can be especially painful. This is so

A Masterclass in Juggling UNABRIDGED

Magazine Article by Larry Kinitsky on May 01, 2014

a tremendous impact on our shareholders. We are constantly juggling the need to raise capital to do all

Trouble Can Be an Enticing Challenge to a Manager UNABRIDGED

Magazine Article by Robert Ferrara on July 29, 2019

financial. They had some structural issues, capital improvements, but unless they fixed the financial issues

Who's Subject to Flip Taxes? UNABRIDGED

Magazine Article by William D. McCracken on August 08, 2022

will raise enough money from departing shareholders to meet the building’s capital needs without unpopular

How to Use a Reserve Study UNABRIDGED

Magazine Article by Seth Frumkin on June 19, 2018

to potential deficits when large capital projects, such as roof and boiler replacements, will likely be needed

Bring the Building’s Two Populations Together UNABRIDGED

Magazine Article by Neil B. Davidowitz on July 26, 2017

be retired, semi-retired, and/or living on fixed incomes.The problem arises when we need to do capital

Give Everyone a Voice UNABRIDGED

Magazine Article by Paula Chin on January 10, 2022

before the shareholders along with an explanation of why they are necessary. We’re finalizing a capital
the building's foreseeable capital needs. But instead of investing it in treasury bills (T

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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