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Under the Budgeting Big Top UNABRIDGED

Magazine Article by Tom Soter on September 22, 2016

Planning out your annual budget is rarely as straightforward as managers and boards would like. ... It’s the budget season. The time of year when boards confer with their managers, look to the past ... Budgeting ... Your annual budget is a blueprint – but it’s not all black and white ... Under the Budgeting Big Top

Budget Forecasts: It’s Going Up UNABRIDGED

Magazine Article by Tom Soter on November 01, 2005

With the cost of fuel skyrocketing, projected budgets have been skewing away from actual budgets ... : the out-of-whack budget. “We didn’t put in another maintenance raise for this year’s budget,” says Ruth ... Budgets ... Preparing for your 2006 budget? This year, it’s going to be a bumpy ride. ... Budget Forecasts: It’s Going Up

Fantasy Budgets Are the Bane of Managers UNABRIDGED

Magazine Article by Paul Brensilber on July 30, 2019

Keeping budgets within the realm of reality can make everyone's job easier. ... What, in your experience, is the biggest mistake boards make when they draw up their budgets ... Budgets ... Fantasy Budgets Are the Bane of Managers

Balancing Budgets With Aging Communities UNABRIDGED

Magazine Article by Neil Davidowitz, President, Orsid New York on August 05, 2021

Budgeting ... Balancing budgets while dealing with aging residents can have boards walking a very fine line. ... Balancing Budgets With Aging Communities

Mind the Gap UNABRIDGED

Magazine Article by Ford, Ruth on April 01, 2003

Boards are struggling to close widening budget gaps caused by 9/11, planned tax assessment ... are huddling over their annual budgets, trying to figure how to make up the shortfall without gouging owners ... Budgets ... Boards struggle to close budget gaps caused by rising insurance and taxes

Escrow Accounts and Budgeting Strategies Aid Condo and Co-op Treasurers in Cash Flow Management UNABRIDGED

Magazine Article by Thomas Thibodeaux, CFO, New Bedford Management on September 05, 2024

financial management,” he says, “but also maximizes the building’s earnings.” Budgeting for Cash Flow ... Budgeting ... Escrow Accounts and Budgeting Strategies Aid Condo and Co-op Treasurers in Cash Flow Management

Boards Face Dilemma: Minimize Fees or Meet Fiduciary Duties UNABRIDGED

Magazine Article by Daniel Wollman, CEO, Gumley Haft on September 05, 2024

and assessments to a minimum while still meeting their fiduciary duties to balance the budget and keep ... Budgeting ... in good repair, and must rely on professionals to navigate the complex regulatory landscape and budget

Biting the Bullet UNABRIDGED

Magazine Article by Tom Soter and Leslie Jay on April 01, 2006

When confronting rising costs, boards must take the bitter pill of budget discipline – or face ... When confronting rising costs, boards must take the bitter pill of budget discipline – or face ... Budgets

Biggest Challenges UNABRIDGED

Magazine Article by Andre Kaplan Chief Financial Officer Orsid New York on August 24, 2023

BUDGETS CONSIST of three main parts: operations, capital projects and a wish list. Each ... Budgeting ... Building budgets consist of operations, capital projects, and a wish list. Proactive planning

Tightening Your Belt UNABRIDGED

Magazine Article by Leslie Jay on March 01, 2006

Russell, who urges buildings to share their monthly budgets with employees. “Every potential buyer gets ... Budgets

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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!

radiator air valves

Pre-war cooperative NYC Dec 19, 2024

Coop serious problem - staff work without permits, etc

DM Dec 15, 2024

CPA or tax attorney

Pooh Dec 10, 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

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