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their mortgage every decade or so, to take advantage of changing interest rates, to raise money for major capital ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

A Budget Deficit Is a Recipe for Disaster

New York City

Management. You’re managing a small, 20-unit co-op with major money troubles. What’s going on? They ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Costs and Income Must Be in Balance

New York City

association, which fixed all common charges, started taking money from the reserves to pay for the shortfalls ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Condo Board Wrestles With Ways to Pay for $7 a Million Facade Project

Upper East Side, Manhattan

. Then the board has to make sure that when it collects that money, it turns around and pays the bank right away ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Landmarks Conservancy Offers Cheap Loans to Small Co-ops

Fort Greene, Brooklyn

contractor every day.” The co-op also lacked the money to tackle the necessary repairs. Another small self ... apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep

Time For Your Building to Plug Into Electric Car Charging?

Lower East Side

Unfortunately, boards are unlikely to make significant money catering to electric vehicles ... , are bricks and mortar. They need care, maintenance, and money to pay for the upkeep. The goal, though

Boards Fighting Back When Sponsors Illegally Refuse to Sell Shares

-op — by milking it for money, for example, to the point where operational expenses cannot be met. In building ... to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best

How an NYC Condo Kept a Roof Replacement Project from Becoming a Nightmare

New York City

Money to do repairs. Since 426 is a condominium, it doesn't have the same access to money ... to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best

management interfering with succession, complicated by dog problem

of money and of course the co-op could get more in rent from someone who does, so I don't think it's hard

Re: Wacky interest rates

violate the terms of their loan agreement and make his co-op keep paying money after their loan is 100

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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!

Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 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

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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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