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good fiscal sense. And it is usually cheaper to the shareholders in paying for capital repairs
. These are also a great source of emergency working capital. By the time 2011 had been audited, we had ... into the early 1990s. At that time, the chain set aside a percentage of its revenue each year for capital repairs
Trouble: A Print 'Em Out Checklist 10 Ways to Save on Co-op/Condo Capital Projects 15 Common Mistakes
assessments for all major capital improvements. Civille and a group of concerned shareholders asked a lawyer
of the latest building news (the status of ongoing capital projects, finances, and property maintenance
in nine weeks. The elevator replacement was the largest of 76-66 Austin Street’s capital improvement

Extraordinary Payback UNABRIDGED

Magazine Article by Ronda Kaysen on September 01, 2012

, they are almost unheard of, as condo and co-op boards tend to shy away from such a complicated capital project

Self-Management+ UNABRIDGED

Magazine Article by Jennifer V. Hughes on September 01, 2012

with vendors or assistance with sales, long-range capital planning, or building maintenance. “It’s usually
’t solicit capital-improvement bids, deal with vendors, etc., as would a managing agent. Yet even small
and technical capital project. "One of the challenges for large residential buildings is educating co-op boards

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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