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, although technically in the front yard,” he says. Schieferdecker, who heads the co-op’s capital improvement ... the challenges of the fix-up, and how you can use their experiences to smooth out yours. Are you doing capital
or in combination with a full capital-needs assessment and capital plan. Here are examples of some of the more
for the condominiums and cooperatives. From this income model, the net operating income can then be capitalized
a different method, i.e., capitalizing an estimate of net operating income, which may explain, in part
out to tackle a major capital project. To gain access to the 150-acre property, you pass under
-in-a-lifetime” opportunity to pay down debt, fund capital improvements, and keep maintenance low. The issue has divided
and identifying the capital projects that are needed, from immediate safety issues like fixing a leaky roof
. When co-op and condo boards tackle major capital projects, making sure that their insurance coverage
, a senior vice president at Meridian Capital Group. “They just want to keep an eye on what’s going on,” she
-to-day operations. If that money was collected from assessments, potentially these owners contributed capital

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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