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Feeding the Reserves

planning, available resources and budgeting capabilities. Ignoring it is dangerous, and replenishing ... planning, available resources and budgeting capabilities. Ignoring it is dangerous, and replenishing ... planning, available resources and budgeting capabilities.

Elevator Repairs: It’s Complicated

, which can cause big dents in a building's repair budget. In today’s episode, Donald Gelestino, president ... , which can cause big dents in a building's repair budget.

Co-op and Condo Budgeting Is Not Fantasy Island

New York City

Co-op and condo boards have set their budgets for the coming year. The smart ones avoided wishful ... When preparing budgets, stay away from Ricardo Montalban (illustration by Marcellus Hall). ... Fantasy Budget ... When setting their operating and capital budgets, boards should avoid wishful thinking and stick ... Co-op and Condo Budgeting Is Not Fantasy Island

Crafting a Zero-Based Energy Budget

New York City

Budget season is almost here for co-op and condo boards and their managers. Preparing an operating ... Co-op and condo boards must avoid wishful thinking in budget season. ... Energy Budgeting ... budget for 2021. ... Crafting a Zero-Based Energy Budget

A Budget Deficit Is a Recipe for Disaster

New York City

Budget Deficit ... A co-op with unrealistically low maintenance and a budget imbalance is headed for trouble. ... A Budget Deficit Is a Recipe for Disaster

Put That Budget Surplus to Work

New York City

that the board set aside in the operating budget that money for the capital reserves – offer ... Budget Surplus ... Co-op and condo boards with a budget surplus should earmark the money for future capital projects. ... Put That Budget Surplus to Work

Budget Season Is No Time for Wishful Thinking

New York City

It’s budget season. The time of year when boards confer with their managers, look to the past ... When preparing budgets, boards should base hard decisions on hard figures. ... Realistic Budgets ... Budget Season Is No Time for Wishful Thinking

Budgeting in a Self-Managed Building Can Be Overwhelming

Tribeca, Manhattan

NPOs raise money – would give her a leg up. But when she started tackling her first budget ... Self Budgeting ... Judy Levine has learned over the course of two decades that writing budgets in a self-managed co ... Budgeting in a Self-Managed Building Can Be Overwhelming

Budgeting in Self-Managed Buildings Can Be Terrifying

New York City

Preparing the annual capital budget in a self-managed building can be a terrifying task ... Self-Budgeting ... For boards in self-managed co-ops and condos, writing the annual budget can be a terrifying ... Budgeting in Self-Managed Buildings Can Be Terrifying

Good News and Bad News for Co-ops and Condos in the New State Budget

New York State

New York State finally has a budget on the table – a big, fat $212 billion budget. So which do you ... State Budget ... No increase in co-op taxes but no workaround for the Climate Mobilization Act in new state budget. ... Good News and Bad News for Co-ops and Condos in the New State Budget

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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!

radiator air valves

Pre-war cooperative NYC Dec 19, 2024

Coop serious problem - staff work without permits, etc

DM Dec 15, 2024

CPA or tax attorney

Pooh Dec 10, 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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