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A Revenue Stream Dries Up UNABRIDGED

Magazine Article by Andrew Freedland, Partner, Herrick Feinstein on October 30, 2023

, many co-ops and condos relied on rental income to balance budgets, but rents today are not what ... Commercial leasing issues are affecting co-op and condo budgets. Options include using reserve
improvement now have to be viewed through a compliance lens. The question is, which budget bucket do you place
it hard to budget accurately. The new program has a simplified tax-abatement formula. “To the extent
Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

The Avery Condominium’s Plan UNABRIDGED

Magazine Article by Bill Morris on October 16, 2023

every year, take little bites,” Murphy says. “I view these projects as a money thing. Your budget

At the Crossroads UNABRIDGED

Magazine Article by Carol J. Ott on October 13, 2023

with an operating budget of around $1 million a year. With limited common space and a gas-fired boiler, this co
Property taxes are a perennial thorn in the side of a building's budget. But they have ... Property taxes are a perennial thorn in the side of a building's budget. But they have ... Property taxes are a perennial thorn in the side of a building's budget. But they have
planning, available resources and budgeting capabilities. Ignoring it is dangerous, and replenishing ... planning, available resources and budgeting capabilities. Ignoring it is dangerous, and replenishing ... planning, available resources and budgeting capabilities.
Area Realty Services, points to funding sources that can help, and advises boards to budget now ... Area Realty Services, points to funding sources that can help, and advises boards to budget now
Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

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