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Debt Swap UNABRIDGED

Magazine Article by Tom Smith, Spolzino, Smith, Buss & Jacobs on October 23, 2019

million. Whoa. That's more than their underlying mortgage. Yes. The challenge was to get the money

Amenity Contracts UNABRIDGED

Magazine Article by Joel Miller, Miller & Miller on October 23, 2019

. They wanted us to provide a secure room to count the money, the right to put in additional ATM’s with neon

Stolen Corporate Funds UNABRIDGED

Magazine Article by Lisa Radetsky & Ilene Jaroslaw, Phillips Nizer on October 23, 2019

or someone in management, and money is going into phantom repairs. Then there are kickbacks, where condos

Underlying Mortgages UNABRIDGED

Magazine Article by Seth Sahr, Novitt, Sahr & Snow on October 23, 2019

move will save money in the long term. For example, you may be at a 5 percent interest rate and grab

Gas Shutdown Can Kill Co-op Apartment Sales

Yorkville, Manhattan

’s unlikely the bank would fund the loan because it is not going to want to lend money in a building

Sublet Fees UNABRIDGED

Magazine Article by Andrew Stern, Tane Waterman & Wurtzel on October 22, 2019

. It was a sizable chunk of money. But more important than that, if they had done it for him, they would have to do

Insurane Trustees UNABRIDGED

Magazine Article by Theresa Rach, Theresa Racht on October 22, 2019

received from the insurance company exceed $250,000? Substantially so, yes. So you had to put the money

Licensing Agreements UNABRIDGED

Magazine Article by Stewart Wurtzel, Tane Waterman & Wurtzel on October 22, 2019

to an agreement, you have to go to court, which costs everyone a lot of money and time. That said, it also pays

Solar Projects UNABRIDGED

Magazine Article by Geoffrey Mazel, Hankin & Mazel on October 22, 2019

, such as windows or roofs and boilers, and boards need to get ahead of it now, start generating money now

Limited Common Elements UNABRIDGED

Magazine Article by William McCracken, Ganfer Shore Leeds & Zauderer on October 22, 2019

, and I don’t get any remuneration?” People want some money for their inconvenience and loss

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Board Talk

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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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