New York's Cooperative and Condominium Community

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operating budget is funded entirely with maintenance revenue, along with ancillary charges ... This Queens co-op benefits from balanced budgets and a healthy reserve.
duty to balance their budgets, this board has two choices: raise monthly maintenance fees permanently ... Co-op boards have the power to raise fees to keep budgets balanced.
for several months. But the three-year project came in under budget and on schedule, thanks to the expertise ... Major repairs to the heating and cooling system come in under budget.
. For co-op and condo boards on a tight budget or in buildings that can’t support a major load on the roof ... Steel overbuilds can be easy on a budget and on an old building's roof.
Co-op and condo boards will get yet another budget squeeze. 

Tax Facts UNABRIDGED

Magazine Article by Sullivan, Michael on June 01, 2002

With New York City facing a severe budget crisis, will Mayor Bloomberg raise property taxes ... The last time New York City faced a budget shortfall even close to the estimated $4.8 billion one

Understand Your Choices in Tax Benefits UNABRIDGED

Magazine Article by Carl Borenstein on July 26, 2017

When co-op boards are preparing their annual budgets, they need to pay close attention to what ... the Scene My story today deals with a 77-unit cooperative in the Bronx. As the board did its budget

How to Run Your Building the Cost-Benefit Way UNABRIDGED

Magazine Article by Tom Soter on February 01, 2010

projects while staying on schedule and without going over budget. ... , on budget, without assessments or maintenance increases.   Bob Weiner believes in a business-like approach

Thinking Big With Microturbines UNABRIDGED

Magazine Article by Jennifer V. Hughes on March 01, 2008

and put a significant dent in your building’s energy budget. ... the environment and – in the long run – put a significant dent in your building’s energy budget. There are new

Exercising Options UNABRIDGED

Magazine Article by Ford, Ruth on November 01, 2003

to follow to make it happen: researching, budgeting and rallying residents to the idea. ... with a realistic budget to implement it, and getting the residents on your side. RESEARCH Probably the first

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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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