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Flush With Cash? Reverse Assessments May Be for You

the shareholder only pays $450." So now, "when brokers call and ask, 'What's your maintenance?,' I can say here ... refinance the underlying mortgage, you refurbish and sell an apartment picked up in foreclosure

After Missing the Red Flags, a Bronx Co-op Finds a Road Back

The Bronx

-op was apartment-rich, but cash-poor. So the bank wanted to sell the mortgage to an investor who, in turn, would

Too Many Investors Translates into Denied Mortgages

New York City

In this week's Ask Real Estate column in The New York Times, Ronda Kaysen fields ... Mortgage for Condo Denied ... Too Many Investors Translates into Denied Mortgages

After Dodging a Shady Property Manager, a Co-op Gets Financially Fit

Queens

by a 2012 $5 million refinance deal on the co-op's mortgage that took advantage of low interest rates

The Wake-Up Call UNABRIDGED

Magazine Article by Bill Morris on October 01, 2015

, the holder of the building’s underlying mortgage. The banker had grim news: he reported that “the sponsor

The Foreclosure Race UNABRIDGED

Magazine Article by Frank Lovece on October 01, 2015

position – it’s third in line after the mortgage lender and the city (for property taxes). This often makes

When a Stranger Calls: Too Many Transients UNABRIDGED

Magazine Article by Stuart Saft on October 01, 2015

costs. Mortgages Denied The other direct issue with excess subletting or leasing is that it reduces ... Ask the Attorney

Watch Out: Some Banks May Try to Overreach at Closings

New York City

. "More than one lender's counsel [has] asked me to deliver at closing a certificate of insurance naming

When Trust, but Verify Paid Off UNABRIDGED

Magazine Article by Matthew Hall on September 01, 2015

see something out of whack, you have to press management, press people who were involved, and ask what

A Queens Co-op Replaces the Windows with Ease Thanks to a Two-in-One Contractor

Corona, Queens

window companies and asked them to do a sample installation. This way we looked at the window to see

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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!

Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 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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