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Sponsor Defaults: Helping Boards to Help Themselves

New York City

. This money can then be used to pay the cost of long-term capital improvements, pay down the mortgage

Board Matters: Keeping Discord Among Shareholders to a Minimum

New York City

of shareholders for any capital outlay greater than $500,000 — or any amount deemed too high for a board to decide

Flush With Cash? Reverse Assessments May Be for You

Yonkers

,000 [in operating capital] on top of what we're already taking in. So it looks like next year's reverse

How A Brooklyn HDFC Co-op Succeeds in Keeping Apartments Affordable

572 Sterling Place, Crown Heights, Brooklyn

systems were nearing the end of their lives. The building would soon need some major capital improvements

Why Are Sponsors and Boards Often at Odds? Attorneys, Others Offer Insights

New York City, White Plains

to finance legitimate long-term building needs, and they want cosmetic improvements rather than capital

Are You Contributing Too Much to Your Co-op or Condo's Reserve Fund?

't execute a capital-improvement project just because your reserve study indicates it that something has

Clearing the Air — and Wallet? Governor Signs Bill Reducing Heating-Oil Sulfur

capital investments to meet the requirements of this bill. These costs will ultimately get passed

Fighting Back When Bonus-Engorged Banks Still Nickel & Dime Your Building

that considerable capital to waive some or all of the banking charges. The dollar amount of the credits were usually

Is Your Building “Approved for Lending”?

New York City

you are adding money to reserves for capital improvements; whether you have adequate fidelity insurance; whether

Tech Tools That Save Paper, Time, Space – and Money

New York City

, at $29 monthly with no per-user fees, is probably all that a board would need to shepherd a capital

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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

see the guide

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