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A Personal Crusade Results in a Major Amenity Upgrade

Gold Coast, Manhattan

the reserve fund. The budget was tight. Roiter enlisted fellow unit-owner Clayton Orrigo, a broker who

Boards Finding New Ways to Profit From Their Commercial Space

Upper East Side, Manhattan

. The agreement gives the board a clear idea of “the worst-case scenario for budgeting,” says attorney Jeff Reich

Non-Disclosure Agreements Defend Against Fishing Expeditions

New York City

] went 90 percent over budget with no coherent explanation,” says Musey, whose apartment was once

The Accountant Who Became a Property Manager

Great Neck, Nassau County

’s labor-intensive work,” he says. “I go to monthly and annual board meetings, I prepare budgets and review

Plumbers Balking at Gas-Line Inspections Over Liability Fears

New York City

-op and condo budgets. I’m not belittling the tragedies of the gas explosions, but I don’t see the benefit

Co-ops and Condos Fighting to Join Paycheck Protection Program

New York City

rent. I think we'll be lucky if this is only an impact of three months. Budgets were already tight. We

Massive Elevator Job Under Way at Co-op City

Baychester, The Bronx

, which will cost about $38 million, are part of the co-op’s $150 million capital budget. The board had

This Co-op Board Is Set to Comply with the Climate Mobilization Act

Union Square, Manhattan

been fed by incremental yearly maintenance increases that led to annual budget surpluses. The project

Positive Pay Helps Co-ops and Condos Prevent Fraud

New York City

accounts — for the operating budget, the reserve fund, capital improvements and so on. “That,” he says

Inwood Co-op Board Stunned by $3 Million Con Edison Charge

Inwood, Manhattan

and build the anticipated fines into the operating budget — $19,000 a year beginning in 2025 and $46

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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

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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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