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Board President Jim Quaranto Takes Charge UNABRIDGED

Magazine Article by Paula Chin on June 01, 2022

cost about $500,000. We had enough money in our reserves that we took out $250,000 to pay for half

Your Building May Be Taller Than You Think UNABRIDGED

Magazine Article by Gustavo Rusconi, Argo Real Estate on September 01, 2022

. I also encourage boards to not only make sure they have a healthy reserve fund but also put money

Collecting Arrears with Compassion UNABRIDGED

Magazine Article by Eleni Magoulas, All Area Realty Services on September 01, 2022

comfortable going to her, which really helped. Starting with shareholders who owed the most money and working

The Importance of a Paper Trail UNABRIDGED

Magazine Article by Josh Koppel, HSC Management on September 01, 2022

with because they’re still contractors. I mean, they’re there to make money. They’re not there to protect me

Information Flow: Keep It Moving UNABRIDGED

Magazine Article by Peter von Simson, New Bedford Management on September 01, 2022

on the amount of money a managing agent can spend without the board’s approval. That restriction alone means

Staffing: One Size Fits All UNABRIDGED

Magazine Article by Dawn Dickstein, MD Squared Property Group on September 01, 2022

the prevailing wage of $90,000 a year, the condo is saving money and keeping its tax abatement.   Service issue

A Helping Hand for Cash-Strapped Residents UNABRIDGED

Magazine Article by Neil Davidowitz, Orsid New York on September 01, 2022

isn’t easy, especially when there are residents who don’t have money at hand. Many buildings have dual

Campaign Promises Can't Always Be Kept UNABRIDGED

Magazine Article by Vik Shingwani, First Management on August 08, 2022

that the building has over $100,000 in payables, but unfortunately we don’t have any money. And once the board felt

Tools for Taking Control from the Sponsor UNABRIDGED

Magazine Article by Atlene Waye, Awaye Realty Management on August 08, 2022

improvements. The sponsor had practically run the building into the ground,   Money management. After

Take the Wide View During Capital Projects UNABRIDGED

Magazine Article by Robert Ferrara, Ferrara Management on August 08, 2022

of money is involved. It would be good to speak with other boards to find out the pros and cons they dealt

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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