Search | Habitat Magazine, New York's Co-op and Condo Community

Sort by: Relevance | Most Recent

Water Rate Jumps 4.42%, Latest Addition to the List of Rising Costs

New York City

for research at the nonpartisan Citizens Budget Commission, which monitors city and state finances. “And so

Kathy Kahng, President, 159 Madison Ave. UNABRIDGED

Magazine Article by Paula Chin on July 24, 2023

budget. Also, the sponsor, who went bankrupt early on, negotiated a 99-year lease with a commercial

The Prevailing Wage Predicament UNABRIDGED

Magazine Article by A.J. Rexhepi, Managing Partner, Century Management on July 24, 2023

the property tax abatement has had a huge impact when it comes to budgeting. Can you explain how? It certainly ... to receive the property tax abatement has had a significant impact on budgeting. For condos, this means

Feeding the Reserves UNABRIDGED

Magazine Article by Mitch Unger, Controller and Principal, The Lovett Group on July 24, 2023

. It sends a message about board planning, available resources and budgeting capabilities. We recently took ... , budgeting capabilities, and available resources. A depleted reserve fund and an unbalanced budget indicate

The Clock Is Ticking UNABRIDGED

Magazine Article by Gustavo Rusconi, Vice President and Director of Management, Argo Real Estate on July 24, 2023

is important, and saving a percentage of your operating budget every year for capital improvements is a good

Talking Trash UNABRIDGED

Magazine Article by Aaron Weber, Partner, Weber Realty on July 24, 2023

in thinking about budgeting for 2024, what kinds of increases should boards expect to see? If you have

Fines or Retrofits? UNABRIDGED

Magazine Article by Gary Andriotis, Vice President, All Area Realty Services on July 24, 2023

have a fine that’s substantial, you need to start working on your budget to figure out how much you

When Paying More Makes Sense UNABRIDGED

Magazine Article by David Amster, President, Prime Locations on July 20, 2023

with mandatory facade and roof repairs that came in well over what the board had budgeted for. Because

Co-op and Condo Boards Are Getting the Jump on Garage Inspections

New York City

’re trying to plan their budgets.” It’s an elaborate process. After the qualified inspector performs

Most Co-ops and Condos Are Facing an 8% Jump in Property Taxes

New York City

of the cost of paying for the city’s new $107 billion budget for the 2023-24 fiscal year. Commercial ... New $107 billion city budget includes a tax cut for commercial properties.

1... 13 14 15 16 17 18 19 20 21 22 23 24 25 26 ... 221

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

see the guide

HABITAT

RESULTS FOR [BUDGET]