to immediately raise money to pay all their bills. They also had to create some escrows by setting aside money ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant
-sounding terms – this is a big deal, and the temptation to throw a bit of money into what looks like a quick fix ... apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep
on, so the money doesn’t get moved over from the operating account. If it’s something that the board ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant
. In March the developer paid $40,000, but the money does not cover all the fees owed to the owners ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant
experience to protect their interests and their money," says George Sawicki, a licensed architect and senior ... apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep
was put together.
Developers "want to make as much money as possible," he says, "and the builder knows ... and financial challenges that have to be solved. Whether it's a question of how to raise more money, how to deal
to provide the borrower with a certain amount of money (the “principal”) for a specified period of time (the ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant
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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.
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
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!