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units). We need to consider all capital projects for the next 10-15 years. I suggested we get
renovated for sale (former rental units - treasury stock sales). The funds are being used for capital
it and no resolution to adopt it…. Very suspect…. Forget about Capital planning and financial management
value attributable to each share for each dollar in working capital (cash), capital and operating
assessment (yes, the assessment is every year as our co-op is 43+ years old and capital improvements are de
a similar amount of money for capital improvements. As the managing agent and sponsor are the same company
building in MANHATTAN? We're at about 6.75 with three years to go but we need some money to do capital
responsibility and is borrowing from future generations to pay for the enjoyment of today’s’ capital
We need to make some cosmetic capital improvements as well as fix plumbing and other less sexy
Fund (3 - 6 months of operating expenses as a hedge against emergencies) 3. Capital Reserve Fund: based ... Reserve vs Capital vs Operating Funds

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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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