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Legal Lessons: Sponsors UNABRIDGED

Magazine Article by Robert J. Braverman, Stuart Saft, David L. Berkey, Ronald J. Gold, on November 01, 2009

; the condominium budget is not balanced, leaving insufficient funds to pay expenses for operations; the reserve

The Sweet Smell of Success UNABRIDGED

Magazine Article by Soter, Tom on June 01, 2002

co-op associations (100 units each) with separate budgets, bylaws, and boards. But they share

Rediscovering J-51 UNABRIDGED

Magazine Article by Alan Saly on April 01, 2005

benefits? J-51 Basics According to a 2003 report by the Independent Budget Office, the J-51 program

Contract Concerns UNABRIDGED

Magazine Article by Tom Soter on August 01, 2005

happy about. We went over budget and had all sorts of financial issues as a result.” A $500 or $1

Getting In: Admissions UNABRIDGED

Magazine Article by Tom Soter on October 01, 2005

?’ Because we run a zero budget basically and so, we ask, ‘Can they really earn the money?’” Since lenders

Portraits in Power UNABRIDGED

Magazine Article by Renee Serlin on March 01, 2007

in under budget and three weeks early. That’s totally unheard of in any building in the city. Never

The Consequences of Conversation UNABRIDGED

Magazine Article by Joel E. Miller on October 01, 2008

of managers adopts a budget, and each unit-owner must pay his share each month, which share is normally

Is the Sky Falling? UNABRIDGED

Magazine Article by Frank Lovece on October 01, 2007

into the reserve fund. Boards shouldn’t be counting on flip taxes as a regular item in the budget since you can

Behind the Foreclosure Curtain UNABRIDGED

Magazine Article by Frank Lovece on March 01, 2008

. If five percent of the budget isn’t being paid, you can’t discontinue five percent of the lights

Shades of Green UNABRIDGED

Magazine Article by Bill Morris on May 01, 2008

numbers on the money saved by reduced water use, she notes that the co-op’s water budget has remained

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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

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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

Source Guide

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