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How to Deal With Budget Surpluses UNABRIDGED

Magazine Article by Avi Zanjirian on June 19, 2018

depreciation this year. But it was also switching from fuel oil to natural gas and had refinanced its mortgage ... is what you should be asking for. Particularly if your co-op or condo is expecting a surplus.

2009 June

minimums? ▶ Putting It In Reverse A new kind of mortgage is raising questions. ▶ Big Brother

2010 JulyAugust

on the Mortgage Block Financing meets greening. ▶ The Growing Line Item Water has become a bigger expense

Timing Was Everything for This Co-op’s Garage Overhaul

Hastings-on-Hudson, Westchester County

to be done,” says long-time board treasurer Peter Smyth, a mortgage broker. “When we first started thinking ... Refinancing the mortgage at a favorable rate was key to this job’s success. ... A co-op board waited until it was able to refinance its mortgage at a favorable rate before

It’s a Great Time for Co-ops to Refinance, If…

New York City

, was busy helping five different co-ops navigate the refinancing of their underlying mortgages at interest ... mortgage. But expect hurdles.

Ask Habitat: How Do We Say 'No Thanks' to a Well-Meaning Unit-Owner

New York City

of action is to warn her that the board is prepared to write to the bank that holds her mortgage, and tell ... A resident asks: I am on my condo's board. There's a unit owner who moved into the building ... Ask Habitat: How Do We Say 'No Thanks' to a Well-Meaning Unit-Owner

How to Implement "Split-Fund Financing": One Condo's Real-World Experience

Beachwalk Landing, 440-450 West Broadway, Long Beach

, president of First Funding of New York, the mortgage broker for the transaction. "There were a series of very

Co-op / Condo News: Pigeon Coop, Mortgage Scams, Ricky Martin, More

Chelsea, Manhattan, NoHo

Quarter Ended" by Maureen Maitland (Standard & Poor's Housing Views blog) "Internet Mortgage ... and residents. This week, pigeon poop in Chelsea, mortgage modification scams and a co-op board says, "Oh, no ... Co-op / Condo News: Pigeon Coop, Mortgage Scams, Ricky Martin, More

Co-op / Condo News: Mortgage-Interest Deduction Saved, Flood Insurance, More

15 Central Park West, The Edge, 120 Central Park South

Cliff' Deal Favors Housing Recovery" and retains mortgage-interest deduction, by Diana Olick (CNBC ... and the president save the mortgage-interest deduction, buildings in the flood zone, including co-ops and condos ... Co-op / Condo News: Mortgage-Interest Deduction Saved, Flood Insurance, More

A Great Neck Co-op Regains Its Financial Footing

Great Neck, Long Island

’t financially sound,” recalls Falk, a veteran real-estate broker. “But I’d been involved in a lot of conversions ... Mortgage refi and hallway redo are part of “a beautiful thing.”

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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!

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 2024

Property Manager failing to provide 2022-2023 Financial Statements

Julie Oct 16, 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

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