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of financial statements, an operating budget for the current year, a shareholder list with monthly
-op conversion through an HPD program that rehabilitated the neglected properties, drew up sustainable budgets
, parliamentary procedures, the operating and reserve budgets, federal, state and local laws that impact your
the summertime." Another major obstacle loomed: the co-op had what Mandel describes as a "finite" budget for its
the window placement — not to discuss the bigger issue of "blowing a hole" in the budget: "There
's a significant security upgrade that doesn't require a sky's-the-limit budget. In the Key of "Gee
-time supers work that out with their respective buildings, Goodman noted. "It depends on their budget and how
expenditures. You don't want surprises in your budget. Take the sobering case of the Normandy, a 250-unit co
, but "remarkably, in the end, it came in under budget and three weeks early. That's totally unheard of in any
, the building substantially paid down the credit line by budgeting a certain sum each year to do so. To finance

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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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