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Reserves & Self Escrows

have: • Capital Reserve Account • Mortgage Escrow • Water/sewer self escrow • Real

reserves

for capital improvements (boiler in 5 years, roof in 10, etc.) and other needed repairs. Try to build your

Re: 2011 Co-op Budget

, and it hinders our ability to raise the funds for operations or capital improvements. We also have some major fa

Repair work

be capital expense.

Re: 2011 Co-op Budget

I am not an accountant, but to my knowledge, LL 11 is not typically a capital expence

Re: 2011 Co-op Budget

We are treating LL 11 as "capital".

AdC

and not taken out from the reserve which is owners equity. Reserve is only for emergency capital improvement.

Habitat Reporter: Mark Hankin/Maisel

the major capital improvement on our building (conflict of interest). Another members brother in law ripped

RE:Sublet fee raises that are questionable

the fees? If it’s just the fees, the board may be proactively planning financially to raise capital

Re: HOW TO MAKE OUR BUILDING SOLVENT

) or for capital improvements. The new board will have to work very closely with the management agent

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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

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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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