New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

RESULTS FOR [BUDGET]

Search Habitat Magazine

Sort by: Relevance | Most Recent

, for landlords of rental buildings and for co-op and condo boards on tight budgets, is that the building owner
$150,000 a year was dropped from the city’s new budget. But those hoping for reform of the city
iterations, with budgets,” says Coblin, who moonlights as president of her own co-op board. “Once
such as the Citizens Budget Commission to major building owners and operators such as The Durst Organization. Heading
-through of the property, finding out the board’s expectations and the limits of its budget. Services are billed monthly
.  In that case, the co-op/condo would have to absorb the loss – most budgets have room for such contingencies
company’s] accounting department to advise on budgeting,” says Nathan Hurley, financial analyst for New
invoices are automatically married up to the budget – there’s no more manual entry to their accounting
-share basis. That means the co-op should be taking its total budget, figuring out how much revenue it needs
their budget stays balanced and their monthly maintenance charges stay manageable. Many boards may not realize

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

Looking for a vendor?