monthly mortgage payment, thus giving us additional capital and flexibility for financing new projects ... has accomplished massive capital improvements that have actually cut down its expenditures. Wha
. Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers ... better days. The building had a number of capital problems that needed fixing - the elevators were
. Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers ...
Steven Greenbaum remembers the bad old days when a long-running capital project would generate
low instead of making repairs and capital improvements. But maintaining your property is not only ... much of the building. A co-op decides that the cost of capital improvements is too costly
to pay for operating expenses, when a capital need actually arises, it will have to raise maintenance ... manager uses the reserves to pay for capital projects and does nothing to replenish them. If any
reserve] need to be? Are there capital projects coming up?" Recommending a mix of high-interest money ...
If your building is lucky enough or prudent enough to have multimillion-dollar capital reserves
to the daunting task of capital improvements. In 2006, it secured a 25-year loan of $902,000 with a two percent ... Corporation (HDFC) co-op were collected erratically. Capital improvements were postponed or overlooked. Taxes
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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.
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
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!