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The Problem: Late to the Game UNABRIDGED

Magazine Article by Mark Balsam, President, ReDocs on May 01, 2023

a budget and a scope of work, and then start researching your building. That includes whether you have

Learning to Deal with Gas Pains UNABRIDGED

Magazine Article by Tom Soter on March 22, 2018

that we had planned and budgeted for, but when coupled with the gas project – which I think was $150

An Electric Success Story UNABRIDGED

Magazine Article by Thomas Morrisson, Director of Energy Management at EN-POWER GROUP on June 12, 2019

is that the board can remove the electric charges from the building’s operating budget and thus reduce maintenance

Condo Borrowing UNABRIDGED

Magazine Article by Adam Finkelstein, Kagan Lubic Lepper Finkelstein & Gold on June 12, 2019

. The interest on these loans in co-ops is tax-deductible; in condos it is not. So when it comes to budgeting

Lobby Design Pivot UNABRIDGED

Magazine Article by Louis Lipson, Ethelind Coblin Architects on August 08, 2022

1960s lobby. Over the course of a year of design development, the co-op was able to increase its budget

Taking Charge: Lee Hoffman, Board Treasurer, Mayfair Towers UNABRIDGED

Magazine Article by Paula Chin on April 11, 2023

is the return on investment — that is, if I do this project now, will it add dollars back to the budget and have

When Diligence is Due UNABRIDGED

Magazine Article by Robert Kruckeberg on June 01, 2007

, especially given that our building is small, with a very tight budget, and that many construction

Prepayment Penalties UNABRIDGED

Magazine Article by Patrick Niland on May 01, 2006

’s physical plant should be funded with fixed-rate debt. It is imprudent to expose your cooperative’s budget

Arbitration Is Forever UNABRIDGED

Magazine Article by Renee Serlin, Tom Soter on October 01, 2006

they do. Indeed: serious litigation can be a budget-busting and morale-destroying experience. So, why

“Four Votes Win, End of Story” UNABRIDGED

Magazine Article by Tom Soter on August 22, 2016

-sighted. We fix problems as they come up. We watch the budget very carefully.” When the board began looking

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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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