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Former Finance Commish Says Co-op Taxes Still Crazy After All These Years

New York City

.35 per square foot and dividing the net income by a capitalization rate of 13.628 percent. To illustrate

A Mortgage Broker Explains: Condos CAN Take Out Bank Loans. Here's How.

New York State, New York City, Long Island

have been able to borrow money for repairs and capital improvements. Terms range from 5 to 10 years

Landscaping and Drainage: 36 Hamilton Avenue

St. George, Staten Island, 36 Hamilton Avenue

and a small “capital improvement assessment” collected 10 months out of the year, the board has built

Condo Borrowing UNABRIDGED

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

and capital improvements. Terms range from 5 to 10 years, with either floating or fixed interest rates

Saving Money by Spending Money: The Building Improvements that Do It

Silver Towers, Kew Gardens, Queens

monthly mortgage payment, thus giving us additional capital and flexibility for financing new projects ... has accomplished massive capital improvements that have actually cut down its expenditures. Wha

Fallout from the Economic Slump: Surviving 2012's New Financial Realities

New York City

and postponed capital-improvement projects. And about a quarter or less have reduced professional costs

What Happens when NYC Won't Clear a Stop-Work Order That's Been Resolved?

New York City

to affect further capital work — or anything else, for that matter. The situation was normal — except

Crack Street No More: How a Co-op Fixed Its Cracked Sidewalks

Upper West Side, Manhattan, 250 W. 94th Street

monitoring the condition of the property closely as it adheres to a 10 -year capital plan. “Our first

Defeating Defeasance, a Prepayment Penalty the Size of Jupiter

West End Avenue, Upper West Side, Manhattan

Fargo Multifamily Capital. For co-ops that opted for defeasance, many boards didn't fully understand

Lawyer for roof repair

choices and plan(s) of action based on the Coop's finances, and put a capital project, funded one way

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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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