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, “by telling them that if they didn’t want to do it, I was going to ask them for permission to let me
into their apartments.” So when the Beach House’s insurance broker, Ed Mackoul, president of Mackoul Risk Solutions
residence. Our mortgage is approved and the customary board package was submitted, after being duly reviewed

Investing In-House UNABRIDGED

Magazine Article by Frank Lovece on February 18, 2021

to ask them for permission to let me put together a group to do it – which I honestly didn’t intend to do
, the board took out a $14 million second mortgage from National Cooperative Bank (NCB) and secured a $6
to pay all cash and have the financial requirements that are required," says Deanna Kory, a broker with
mortgage in 2016, with money set aside for the entryways and other capital projects. Then the board brought
as mortgage, utilities, operations, property damage, suppliers and worker protection. In determining average
after he moved into the co-op two years ago. The board got in touch with a mortgage broker and with its ... This Flatbush co-op's board won a round of applause from shareholders for its new mortgage. ... A 66-unit Flatbush co-op board made it through a small window to refinance its underlying mortgage.
the evaluation will be. What's the co-op's mortgage situation? That could also be a factor. I recommend

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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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