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Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos ... , and received $1 million through last year’s Participatory Budgeting process," writes Scott Stiffler. "The area
want to see in a building's operating budget, it's a line item stating that 10 percent has been set ... the condo increased its capital-improvement reserve from 6 percent of its operating budget to 10 percent
of preventing me from getting a big head over my political success, you might remind me that the budget I
stability. Thus, even if our projected budget does not call for an increase, it is important to stay
to make up the budget shortfall. These buildings have mortgages to pay. If they don't have sufficient
. At the end of the current mortgage period, it's important to lock in with little impact to the annual budget
-free ethos ... But even space-starved New Yorkers on a budget can find ways to contain create mud room
, and, most importantly, resident buy-in. As budgeting season heats up for co-ops and condos, many

Keeping a Condo Tax-Free UNABRIDGED

Magazine Article by Michael Esposito, Shareholder at WilkinGuttenplan on June 10, 2019

as a homeowners association under the tax code. This means that any budget surpluses may be taxed just
,000 square feet will be given a yearly carbon emissions budget, or cap. Beginning in 2024, significant fines ... Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

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