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at Gallet Dreyer & Berkey, tells the Ask Real Estate column in the New York Times. “You guys are very close
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
, and sublets.” He also understood mortgages and brokers, painters and porters, elevator operators and doormen

Elevator Economics UNABRIDGED

Magazine Article by Frank Lovece on December 21, 2018

East 77th Street. His co-op refinances its underlying mortgage every 10 years as a matter of course

Cinephile on Board UNABRIDGED

Magazine Article by Tom Soter on December 21, 2018

that does all the interviews with new shareholders. One of the first things I always ask is, “How did you
boards about the law’s gray areas. “Suppose there’s a real estate broker who wants to sell or rent a unit
looking where our weaknesses are, and asking how are we going to pay to address them,” says board
million, based on similar sales in the neighborhood. A broker told him he should price it at $8.5 million
’re on the map like we’ve never been before,” Halstead broker Jonna Stark  tells the New York Post. “The world
,” says Bruce Robertson, a broker with the Corcoran Group. “Is it guaranteed? No. No bank or company

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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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