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recently when it faced a large capital project. “Then we think about it and decide we can do it,” she adds
with every capital improvement we could think of.” The co-op converted from oil to gas, installed new
if a co-op or condo board has a significant capital project that requires an engineer/architect, wouldn
about city codes, billing, collections, maintenance, capital projects and communication with residents
money management, in turn, means more capital improvements without imposing special assessments. Recent
. “It ended up being a very successful implementation of that capital improvement, and it was certainly
of course, most recently in February 2018. “And with the refinance, we came up with a list of capital
other capital projects were needed.  The balcony repairs began in 2016, one floor at a time. New
capital projects, supervising staff, seeing to repairs, responding to shareholders, communicating
local governments that issue bonds to raise lending capital. Each individual municipality has to pass

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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

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