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Obtaining Bridge Loans from Shareholders: How to Build the Bridge

90 Riverside Drive, Upper West Side, Manhattan

— without any pressure on our operating budget. We got a bigger mortgage for about the same monthly payment

Did You Know… Boards Can Take Brief "Bridge Loans" from Residents?

90 Riverside Drive, Upper West Side, Manhattan

'd budgeted," he explains. "We also converted from No. 6 to No. 4 oil, and we're in the process of installing

HABITAT Extra: Salary, Benefits and the Real Cost of a Union Employee

New York City

, or overtime, all of which have to be accounted for by the board when budgeting for a union employee. 2014

A Board Learns Why It Should Oversee Its Managing Agent

New York City

reviewing expenditures, comparing them against the current budget and against last year’s actual expenses

Spotlight on: Why Co-op Boards Need Loan Professionals

New York City

will require, help you prepare a budget reflecting the planned new loan, estimate the amount of any prepayment

Revamping a Co-op or Condo's Website: How to Kick It Up to 2.0

New York City

of them suits your needs best — and which is within the scope of your budget. What to share

A Condo on Long Island's South Shore Tackles a Long List of Fixes

Villas on the Bay, 59 Watchogue Avenue, East Moriches

in within or a little bit below budget," says Harry Seid, the manager assigned to the condo. Replace

How Two Board Presidents Save Their Buildings Money

New York City

budget is a couple of million dollars, then we are saving 7 to 10 percent of a couple of million dollars

Façade Facelift

West Village

out the payments as well, allowing for an easier budgeting. As of late October, the projected cost

Financing a Building-Wide Window-Replacement Project

New York City

of the annual operating budget. Therefore, you have to keep replenishing it. One way to fill up the reserve fund

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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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