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are expensive. Don't get us started on taxes. Certainly, when budgets are tight, it truly is difficult
disrupts the building's budget and can quickly become a financial black hole.
. CapitalNewYork.com reports that according to the Citizens Budget Commission, the owners of one-, two- and three
a certain amount of money in reserve – usually at least 10 percent of the annual operating budget or annual
Property taxes now take up more than half of many building’s budgets and are beginning to squeeze
Does your board have “budget freeze disease”? You can tell if they do by its major symptom
As the realization hits of how the Climate Mobilization Act will impact the budgets of New York
issues. With budget season looming, getting ahead of expenses and financing is crucial. Don't overlook
into a reserve fund? What capital expenditures are anticipated? Is the budget balanced by drawing down savings
after a while." After being outbid on two apartments there, "the couple realized their $750,000 budget

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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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