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What Are the Terra-Cotta Issues? UNABRIDGED

Magazine Article by Howard L. Zimmerman on June 19, 2018

the engineer’s report and planned to do many of the items recommended. One item, which had been budgeted

Why Internal Controls Are Crucial UNABRIDGED

Magazine Article by Allen Friedman on June 19, 2018

budgeted expenditures every month and questioning any variance. They are looking at everything even after

Get Everyone Involved in a Lobby Makeover UNABRIDGED

Magazine Article by Ira Meister on July 26, 2017

originally, and the project was magnificent, under budget, and without a single complaint. Doing It Right

Are Management Fees Due for a Day of Reckoning? UNABRIDGED

Magazine Article by Kathryn Farrell on August 17, 2020

might demand either a percentage of the project’s budget or an hourly fee.   But there’s a flip side

Owner’s Rep Is a Board’s Eyes and Ears UNABRIDGED

Magazine Article by Bill Morris on January 28, 2021

10% to 20% to the budget of most jobs. But a sharp-eyed owner’s rep will review all change orders
-1958 Operating budget: $20 million Ongoing assessment: Yes Maintenance increase: 1% in 2021 Property

Leading the Way: Board Secretary Mary Kerr, 427 St. Johns Pl. UNABRIDGED

Magazine Article on May 03, 2022

Operating budget: $93,000 Ongoing assessment: Yes Common charge increase: 3% in 2020 Property management

Leading the Way: Board President Peter Morello, 665 Thwaites Pl. UNABRIDGED

Magazine Article on May 03, 2022

Operating budget: $1.25 million Current assessment: No Maintenance increase: 2% in 2022 Property

Leading the Way: Board President Phil Fram, 3235 Cambridge Ave., UNABRIDGED

Magazine Article on May 03, 2022

budget: $765,000 Maintenance increase: 2018 Current assessment: No Property management: Veritas

Leading the Way: Board President James LaManna, 91 Tulip Ave. UNABRIDGED

Magazine Article on May 03, 2022

Buildings: 3 Year built: 1950 Operating budget: $2.3 million Current assessment: No Maintenance increase

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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