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New York City's Hidden Water Tax May Cause 8% Increase in Bills

the funding mechanism as a “hidden tax” — a way to extract money from New Yorkers without raising property ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Co-op Board Hit With $3.5 Million Lawsuit Over Brown Water

Yorkville, Manhattan

a lot of money — but not to the co-op board at the 125-unit postwar tower at 190 E. 72nd St ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

International Ownership: The Ins & Outs of Foreign Buyers

a financial hardship. Have the foreign purchaser place a sum in escrow, from which money can be deducted ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Why Can't Small Co-ops Seem to Get Loans? A Mortgage Broker Explains

Brooklyn, New York City

recording tax (from 1% of the amount of "new" money in the counties outside the city to 2.05% in the five ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Dealing with a Sponsor Default

money until the bank is fully paid. Since a foreclosure in New York involves 13 separate motions ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

"Why Are Our Insurance Rates Going Up???" Well, It's This Way….

New York City, Ocean Parkway, Upper East Side

. Insurance companies invest the money from premiums and generate income through those investments ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Survivorship and Same-Sex Marriage: Gay Couples Still Unequal in Co-ops?

New York State

this issue is not addressed in advance. The co-op often expends considerable time and money to deal ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Arrests and Criminal Charges in Bribery Schemes Involving DOB and HPD

New York City

to cut corners and make some easy money. "Bribery schemes compromised two important city agencies ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Watch Out: Some Banks May Try to Overreach at Closings

New York City

as to how that money is spent by the co-op. That's not a right the shareholder's lender should have." Racht ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

Preparing to Refinance

New York City

made to the building over the previous three years with approximate cost; if borrowing extra money ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

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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!

Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 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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