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Reserve Minimum Requirements

these buildings they really needed to create a reserve fund of at least 10% of their annual budget. We do

RE Reserve Fund

in the budget to upgrade our building. When asked how this will effect sales, they state that "we will cross

Reserve Fund Amounts

.html) it states, "Capital reserves must represent at least 10 percent of the budget

Elevator Replacement UNABRIDGED

Magazine Article by Ronda Kaysen on December 01, 2012

. Expect to budget for the extra hours. Non-union porters can cost about $12 to $15 per hour. Union porters

The Difference is in the Details UNABRIDGED

Magazine Article by Patrick B. Niland on December 01, 2012

, factors. For example, a history of balanced budgets would show prudent fiscal planning, while frequent

Issue Preview: December 2012

And back in our regularly scheduled programming, our December issues offers articles on budgeting

Despite Report, Politicians Uncertain Co-op/Condo Tax Abatement Will Continue

New York City

abatement is vital, and its elimination would surely wreak havoc on the budgets of co-ops, condos

Interesting comment on the net - Re: refinancing underlying mortgage - comments?

to long-term planning and budget stability than playing interest rate roulette every 10 years

Weighing the Competition UNABRIDGED

Magazine Article by Tom Soter on November 01, 2012

.” The board should also ask for a proposed budget of annual expenses, with as much detail as possible

Common Charge Collection UNABRIDGED

Magazine Article by Ronald A. Sher, Himmelfarb & Sher on November 01, 2012

to remit payment of common charges to the condominium was causing a deficiency with the operating budget

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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!

Sprinkle system for insurance?

Pooh Dec 23, 2024

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

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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