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A Commercial Condo Conundrum UNABRIDGED

Magazine Article by Ira Meister on July 30, 2019

of money they need to fund their missions. We’re monitoring the situation and giving them the ability

Fantasy Budgets Are the Bane of Managers UNABRIDGED

Magazine Article by Paul Brensilber on July 30, 2019

program, they will save money. And historically that has not been the case. The only thing that happens

Putting Up a Good Front UNABRIDGED

Magazine Article by Michael Wolfe on July 30, 2019

time — within reason — saves money because you don’t have to pay repeated mobilization costs.How much

The Best Laid Financial Plans Can Crumble UNABRIDGED

Magazine Article by Mark Hoffman on July 30, 2019

of about $665,000.So what happened?The co-op didn’t have the money, plain and simple. It was completely

Explain Yourself UNABRIDGED

Magazine Article by Steven Greenbaum on July 30, 2019

about how much money is coming in and how much money is going out.We know that something like 70, 75

Sponsors Can Leave Knotty Problems When They Give Up Control UNABRIDGED

Magazine Article by Dawn Dickstein on July 30, 2019

retroactively, and use that money to refund the residential unit-owners. The board was grateful that we were

Climate Change Means Your Building Will Have to Change UNABRIDGED

Magazine Article by Dan Wurtzel on July 30, 2019

New climate regulation are going to cost your building money – get on top of them now. ... where the money is coming from, because no one has extra money lying around for projects they didn

Elevator Modernization Costs Have Gone Haywire UNABRIDGED

Magazine Article by Ellen Kornfeld on July 30, 2019

is that we had only so many avenues to obtain the money – the residents and the reserves. Bank financing wasn ... Prices are going through the roof, but can raise money without riling up your residents.

Time for a Reality Check UNABRIDGED

Magazine Article by Leslie Winkler on July 30, 2019

may be able to do this because you can take money from the reserves to fund those projects, or hope

Minding the Bottom Line UNABRIDGED

Magazine Article by Daniel J. Wollman on July 30, 2019

Money makes the world go round, and that’s certainly true in co-ops and condos. But you were ... Do the math and keep an eye on the money – no slacking allowed.

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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