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. Late fees are not a way for a cop to make money. They are to recoup any damages caused by the late
not be excessive, the purpose of a fine is to stop or change an intended infraction, not to make money as some
year, which not only helps balance the budget but also allows the co-op to tuck away money in its
of the money you need,” he says, “and as long as everything is stable, then there really is no need to raise it
, defendant's guaranty were an instrument for the payment of money only, plaintiff failed to establish
back Kasowitz’s second contribution, too. “I don’t want the money to be a millstone around anybody ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant
; the savings in labor costs brought the final price of the job down to $35,000. The money came from the co
their homes off the market in hopes of getting more money by waiting for further price increases. In this case

Feasibility Studies UNABRIDGED

Magazine Article by Stephen Varone and Peter Varsalona on October 03, 2017

 in the project, avoids big surprises once work begins, and saves money in the long run

The Gold Coast Gym UNABRIDGED

Magazine Article by Paula Chin on October 03, 2017

. “The  money would have to come out of our reserve fund, which meant that we had a very strict budget

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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