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Procrastination Never Pays UNABRIDGED

Magazine Article by Dawn Dickstein, President, MD Squared Property Group on August 24, 2023

a year to refinance, but now we’ve got a break-even budget for 2023, and the objective is to have a break

What Lies Beneath UNABRIDGED

Magazine Article by Drew Posner, Senior Vice President and Director of Client Services, Maxwell-Kates on August 24, 2023

the Schedule B, which shows the original operating budget of the condo. When a sponsor puts together a Schedule ... . Schedule B budgeting shortfalls can lead to complex challenges and increased costs. Communication is key.

Biggest Challenges UNABRIDGED

Magazine Article by Andre Kaplan Chief Financial Officer Orsid New York on August 24, 2023

BUDGETS CONSIST of three main parts: operations, capital projects and a wish list. Each ... Budgeting ... Building budgets consist of operations, capital projects, and a wish list. Proactive planning

Covering Your Taxes UNABRIDGED

Magazine Article by Armin Radoncic, Principal, Venture NY Property Management on August 24, 2023

annual budget. It’s now mandatory that we give it to them. One of the challenging items to budget ... Co-ops with underlying mortgages must share annual budgets with lenders. Property taxes, up to 50

Refinance: Timing and Amount UNABRIDGED

Magazine Article by Nicoletta Pagnotta, senior vice president at Meridian Capital on August 24, 2023

-improvement budgets. Locking it in. The No. 1 problem that we see is that boards don't know exactly how much

The Right Way to Bear Bad News UNABRIDGED

Magazine Article by Mary Federico on August 24, 2023

to go over schedule and budget. But they probably don’t know or fully appreciate the complexities

Compliance with Local Law 97 Is Outpacing Predictions

New York City

Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

Condo Board’s Win-Win: Saving Money While Saving the Planet

Upper West Side, Manhattan

says. “I view these projects as a money thing. Your budget is going to go up 3% or more every year

Climate Tech Industry Pushes to Keep Local Law 97 Intact

New York City

Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

Time Is Running Out for Co-ops and Condos to Comply with Local Law 97

New York City

Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

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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!

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

Coop serious problem - staff work without permits, etc

DM Dec 15, 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

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