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Week by Week: March 27

Good news for small co-ops and condos with tight budgets: there's a growing group of companies ... Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

Carmen

a chance to pay it monthly where you can budget it? I know what the answer is for me - I would rather

yes...Fannie/Freddie reserves required for loan

a budget line item for reserve funds contribution, & b] that it be at least 10% of total budgeted expenses

Reserve Fund Amounts

.html) it states, "Capital reserves must represent at least 10 percent of the budget

Follow up

on these things in the future and not let them get out of hand such as this. The budget should be made

Assessment

in NY. I dont give owners stuff like reports, budgets and tax returns. What I do give them which

Repairs

I tell the board at budget time not to cut their nails too short since there is a need

[RAND:] Planning a Capital Project Step by Step UNABRIDGED

Magazine Article by Stephen Varone on January 28, 2022

, the planning never happens on the cost of the project. A budget, then a disconnect. If they have a budget

STAR FRAUD and THEFT

not get a penny of it, that is why i was questioning seeing it as income on the budget sheets

Super Pay

discusses the budget for the upcoming year each December including payroll. This amount also includes

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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!

Super starting his own business outside of the co-op

Bob B JR Dec 20, 2024

radiator air valves

Pre-war cooperative NYC Dec 19, 2024

Coop serious problem - staff work without permits, etc

DM Dec 15, 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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HABITAT

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