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A Line of Credit Is for a Rainy Day

Upper West Side, Manhattan

budget. So, barring an assessment or a hike in common charges, the board needed money from a different

No Pain, Big Gain for a Co-op’s Reserve Fund

White Plains, Westchester County

knows his way around a budget. That’s good news for Longacre Gardens, an 88-unit, garden-style co

Operation Elevator: A Co-op Board Prepares for Battle

Upper East Side, Manhattan

everything done as quickly as possible, within budget, and with the least inconvenience to shareholders

A Great Neck Co-op Regains Its Financial Footing

Great Neck, Long Island

’t in the budget because they still want to redo the lobby,” Tilzer says. “So we did a patterned wall covering

Riverdale Co-op Hit With Supply-Chain Problems

Riverdale, The Bronx

-op,” Diamantis says. “We operate on a lean budget, but we had to levy a one-year assessment. At our annual

New Book Seeks to Guide Co-op and Condo Boards Through Facade Repairs

Upper West Side, Manhattan

? Access can be a big part of your cost.” Other lessons: Budgets: “Budget more money than you need – from

Bronx Co-op Proves That You Don’t Have to Be Rich to Go Green

Grand Concourse, The Bronx

-op’s operating budget. “It’s hard for people to be patient,” Jones says. “Though we’re saving on our energy

Heat Balance, p.2

budget is $9 million. He also believes it is easier to get big projects accomplished because the building

Teaching Financial Statements, p.2

make it really clear where dollars are going and how little of the budget is discretionary." Joseph

You've Just Upgraded Your Elevator — So Why Doesn't It Ride More Smoothly?

12 W. 67th Street, New York City

would have to be replaced and start a budgeting item, says Picaso, "Now, you really can't do

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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!

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

Coop serious problem - staff work without permits, etc

DM Dec 15, 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

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