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Parting Ways With Your Partners UNABRIDGED

Magazine Article by Mary Federico on October 13, 2023

brokers, various engineers and consultants, an elevator expert, an HVAC company, a landscaping firm
chop — nearly one-third — from the original ask of $135 million two years ago. One rich man's dream

Emotion Is The Enemy UNABRIDGED

Magazine Article by Peter Von Simson, CEO, New Bedford Management on August 24, 2023

by refinancing their underlying mortgage at lower interest rates, which meant not having to impose assessments

Procrastination Never Pays UNABRIDGED

Magazine Article by Dawn Dickstein, President, MD Squared Property Group on August 24, 2023

a new mortgage. We were able to get a six-month extension, and through a broker we got a new mortgage ... Don't delay mortgage refinancing. Plan ahead and explore options early. Last-minute actions led

Biggest Challenges UNABRIDGED

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

building’s capital needs and your mortgage terms. A tough financial landscape. Because financing

Refinance: Timing and Amount UNABRIDGED

Magazine Article by Nicoletta Pagnotta, senior vice president at Meridian Capital on August 24, 2023

they need, but we can help them fill in some of the blanks. As mortgage brokers, we can let them know where ... Boards should proactively gather information about refinancing underlying mortgages, even before
the country, a lot of people have asked their brokers about adding flood coverage.”  Some brokers

Kathy Kahng, President, 159 Madison Ave. UNABRIDGED

Magazine Article by Paula Chin on July 24, 2023

them because potential buyers couldn’t get mortgages due to the building’s finances. People were
are sitting on mortgages that were written when rates around 3% — and now they're around 7%, deterring sellers

The Problem: Reducing Operating Costs UNABRIDGED

Magazine Article by Tina Larsson, Co-Founder, The Folson Group on June 14, 2023

one of the motors had been recently replaced. We then asked the lowest bidder to remove that motor

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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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