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How Can Board Neophytes Learn the Ropes?

New York City

includes the current budget, past audited financial statements, variance report, action list, status

"Just Do It"

Sunset Park

-consuming conversion of a dumbwaiter chute into closet space – was budgeted at $1.2 million, which meant the board

How To Keep an Elevator Overhaul on the Up and Up

Upper West Side

elevators needed repairs. The project was budgeted at $1.8 million, about $12,000 to $15,000 per shareholder

A Line of Credit Is a Safety Net. Use Sparingly.

New York City

the budget. And some boards see it the way Linus, of “Peanuts” fame, sees his security blanket: it may not do

The Importance of Being Treasurer

New York City

a management report, and how to interpret it and compare it to your budget, this job could be done in under

A New Way to Cut the Cost of Facade Inspections

New York City

, once negligible, can now approach half of the budget for a mandated cycle of work under Local Law 11

The Resilient Power Hub Is an Idea Whose Time Has Come

Mount Eden, The Bronx

that it can be tailored to a building’s size, budget, and energy needs. The natural gas-powered CHP

Catastrophic Collapse Makes Yonkers Co-op Stronger

Yonkers, Westchester County

a little more than half of the budgeted $2.2 million, thanks to savvy brainstorming by the engineer

The Fluid Fees for Oversight on Capital Projects

New York City

[of the project budget].” If it’s a huge project, however, that percentage would be lower. Regardless

This Is New York, Where Views Are Subject to Change

Downtown Manhattan

really stopped us was the price. If this dream space was within our budget, then something was seriously

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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!

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

Coop serious problem - staff work without permits, etc

DM Dec 15, 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

see the guide

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