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half the year and the other half in a sunny clime) so their units are empty for months. Our building
River, the west-facing apartments were frequently too cold, while apartments on the sunny southern ... apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep
common charges and any common-charge arrears. Instead of wasting time seeking a money judgment against ... to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ... building is losing money, but the bank doesn't care — unless your board explains why it's in the bank

Ready to Condo in 1981 UNABRIDGED

Magazine Article by Claire Wilson on June 01, 2012

been to a developer who had presumably hoped to make money with condos, it was certainly not good news
care, maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit ... portfolios. Once the initial outlay is absorbed, they've been saving serious money — and in some cases even

Upper East Side Condo Board Tackles Unexpected Repair Costs, Adapts to Financial Challenges UNABRIDGED

Magazine Article by Joshua Holzer, Senior Vice President, Maxwell-Kates on September 04, 2024

to borrow further money from another bank and refinance,” Holzer says. Fortunately, the contractor also ... A condo on the Upper East Side had to borrow more money and reduce staff to pay for unexpected

Bronx Co-Op Installs Smart Radiator Covers to Cut Fines and Save on Energy Costs UNABRIDGED

Magazine Article by Emily Myers on June 11, 2024

-op is the first to take advantage of a no-money-down subscription payment model for the technology, making ... covers to cut fines and save on energy costs, becoming the first to take advantage of a no-money

Co-ops Ease Financial Strain by Refinancing Mortgages with Extended Amortization Periods UNABRIDGED

Magazine Article by Donald Einsidler, President, Einsidler Management on September 05, 2024

of money into reserves for capital projects while paying the same or less principal and interest than ... their balloon mortgages, increasing the amortization period from 30 to 40 years, and saving the co-ops money

Queensview Inc. Saves $1M on $12M Project by Combining Facade Repairs and Roof Replacements UNABRIDGED

Magazine Article by Emily Myers on August 01, 2024

. “We are hoping that in the long run it will save us money and prevent leaks,” he adds.    The facade ... repairs and roof replacements, minimizing disruption to shareholders and saving time and money on soft

Robotics Firm Helps Co-op Resolve Water Damage Dispute with Contractor UNABRIDGED

Magazine Article by Akaash Kancharla, Founder, aRoboticsCompany on October 02, 2024

-value intermediary, saving both sides money and getting to a resolution within a year,” Kancharla says.  Time Crunch ... feet of damaged deck, saving the co-op money and time. (Print: Finding Leaks)

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