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Preventive Measures: How a Co-Op Avoided a Gas Shutdown UNABRIDGED

Magazine Article by A.J. Rexhepi, CEO, Century Management on September 05, 2024

to put together a capital plan. In this plan, Rexhepi says, the board wanted to conduct a feasibility

Co-ops Ease Financial Strain by Refinancing Mortgages with Extended Amortization Periods UNABRIDGED

Magazine Article by Donald Einsidler, President, Einsidler Management on September 05, 2024

of money into reserves for capital projects while paying the same or less principal and interest than

Re: Wacky interest rates

really like Steve's idea about paying money into the reserve fund each month via capital assessment

Banning certain Real Estate Agents?

renovated for sale (former rental units - treasury stock sales). The funds are being used for capital

No Subject

responsibility and is borrowing from future generations to pay for the enjoyment of today’s’ capital

500 unit coop in NJ and committees +

then worked out the formal documents. For capital improvements such as the $1,300,000 elevator upgrade

More from the self managed 500 unit coop in NJ

made many large scale capital improvements, but we have also made improvements not too evident

"budget" vs. "income statement"

requires that flip tax income be used exclusively for capital improvements. (As an aside, if you live

Reductions are not in our plans

. = = = = = = = = = Yes, we have expended millions for capital improvements: pool overhaul, façade maintenance

Thank you and a few more notes

of our regular capital improvement program, but we did not delay as the savings are nearly paying off

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Board Talk

Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!

Sprinkle system for insurance?

Pooh Dec 23, 2024

Super starting his own business outside of the co-op

Bob B JR Dec 20, 2024

radiator air valves

Pre-war cooperative NYC Dec 19, 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

learn more

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

Source Guide

see the guide

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