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’s biggest city and a world capital,” says Pete Sikora, the climate director of New York Communities
address major capital repairs needed for our nearly 60-year old building and comply with new environmental
on in November. If it’s approved by voters, the state will issue bonds that will fund capital projects to reduce
. It allows us to afford capital projects that benefit all residents. It allowed my board to replace our
capitals such as London and Tokyo — in its failure to containerize its waste. Mayor Eric Adams has sought
that typically finance capital upgrades to the water and sewer system, potentially leaving the city more
and statistical modeling of similar properties. It then applies a capitalization rate — the expected rate
Real Estate column in The New York Times. These fees typically fund capital expenses in the building
the interests of your association? 4— An absence of needed repairs & capital improvements is not what
sells their unit they are required to pay a capital improvement fee back to the Coop which depending

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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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