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Deferred Maintenance Costs Co-op Millions in Legal Fees and Repairs UNABRIDGED

Magazine Article by Joshua Deal, Senior Counsel, Greenspoon Marder on November 27, 2024

Deferred maintenance may save money in the short term, but can lead to … GREATER COSTS AND LEGAL

WEB EXCLUSIVE: Allowing Trusts and Reverse Mortgages

instruments, but here are some basics: a trust is an arrangement in which money or property is managed by one

Financial Disaster: Part I, p.2

-sellers. With the mortgage straightened out and money in hand, it was time to improve the property. The two lobbies (one

Bad Oversight: When Boards Get Burned by Ignoring Red Flags

what a treasurer does: handle the money. And then its members are surprised when things don't get done

Admission-Interview Questions: What a Board Can't Ask

on Human Rights overruled the board's rejection of this couple and assessed money damages, perceiving

Basement Space, p.2

lottery winner to pay $600 at the time they sign the storage lease. The money is treated as a prepayment

Keeping Your Commercial Space Working During the Downturn

is marginally not making money, you can lower his rent to an acceptable level so the tenant can survive," Samson

Buy! Buy! My Darling!: How to Get a New York City Apartment the Pulp Fiction Way

New York City

or $3 million. Either way, it's a lot of money for them." "People aren't born with this information

Chelsea Mourning: A Co-op Board Member Bemoans Bad Neighbors

329 W. 21st Street, Chelsea, Manhattan

much money on their apartment — they felt they deserved to do as they wished. Fortunately, you don

Board Service: Finding an $89K Water Credit — And Then Actually Getting It

Hilltop Village Cooperative, Hollis, Queens

ability to bring in extra money for the co-op is limited. I don't back away from something that seems too

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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!

Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 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

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