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The Tax Win That Doesn’t Last UNABRIDGED

Magazine Article by Frank Lovece on September 01, 2012

Real estate taxes are becoming the highest line item in a co-op’s budget; boards should understand ... . “Real estate taxes have suddenly become the highest line item in a co-op’s budget, and that being

Is a Pied-a-Terre Tax Part of the Subway Fix?

New York City

? State budget director Robert Mujica has an idea: hit up the absentee owners of pricey co-ops and condos ... State budget director says tax on rich absentees would raise $9 billion. ... The state budget director has suggested using revenue from a tax on rich absentee co-op and condo

Green Ideas

Energy is one budget item that NYC co-ops and condos can lower, and the articles here will give

How One Great Neck Co-op Renovated Its Lobby On Budget and Without a Fight

Great Neck, Long Island, The Biair House

Tilzer recalls that the biggest challenge was working with a tight budget that limited her options ... How One Great Neck Co-op Renovated Its Lobby On Budget and Without a Fight

Cost-Cutting in 2013: Places Where You Can Trim Co-op / Condo Budgets

New York City

Four-Part Report: What You MUST Know for the 2013 Budget If you provide some or all ... Cost-Cutting in 2013: Places Where You Can Trim Co-op / Condo Budgets

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

Boards Weigh Practical Energy Efficiency Strategies for Oil-Fired Buildings UNABRIDGED

Magazine Article by Stuart Halper, Vice President & Co-owner, Impact Real Estate Management on August 02, 2024

to Gas Conversions For buildings with oil-fired boilers — and on a tight budget — it often makes sense ... , while being mindful of budgets and operating costs. (Print: Energy Efficiency on a Budget)

A Revenue Stream Dries Up UNABRIDGED

Magazine Article by Andrew Freedland, Partner, Herrick Feinstein on October 30, 2023

, many co-ops and condos relied on rental income to balance budgets, but rents today are not what ... Commercial leasing issues are affecting co-op and condo budgets. Options include using reserve

Smaller Buildings and Owner Default - Phillips Nizer UNABRIDGED

Magazine Article by Marc A. Landis on November 01, 2011

A mid-sized cooperative corporation with a tight budget, limited cash reserves, and pending ... -sized cooperative corporation with a tight budget, limited cash reserves, and pending capital expenditures suddenly

Week by Week: October 24

New York City

Your board's treasurer is your budget tamer. What exactly is the treasurer's role – and what sort ... This week we take you Under the Budgeting Big Top, where the big financial decisions are made.

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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

see the guide

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