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Refinancing Woes: Asking the Wrong Question UNABRIDGED

Magazine Article by Patrick Niland on January 01, 2012

that rates would fall further. Our current loan comes due in about six months, and we need money for some ... in about six months, and we need money for some façade work in the spring, but this same board member still

First Refusal UNABRIDGED

Magazine Article by Ruth Ford on May 01, 2004

, and perhaps amend it, so they have enough time both to stop a sale and raise the money needed to purchase ... , and perhaps amend it, so they have enough time both to stop a sale and raise the money needed to purchase

Riser Replacements UNABRIDGED

Magazine Article by Ruth Ford on May 01, 2004

, but it means barreling through decorative finishes that homeowners have paid lots of money to have carefully ... that homeowners have paid lots of money to have carefully and lovingly installed. Richard Posner, a consulting

2009 JulyAugust

for formerly free services ▶ Commingling Your Cash What not to do with your building’s money ▶ Old

A Loan Again, Naturally: Three Boards Score in Non-Mortgage Situations

Patchogue Homes Condo 1, The Howard Cooperative, Flower View Garden Apartments

, and the board passed an assessment to pay for repairs. Seeing the assessment payments — "quite a lot of money ... to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ... Boards borrow money. They have to, what with Local Law 11 requirements, aging buildings and rising

Are Your Reserve Funds Being Properly Handled?

New York City

, a partner at Holland & Knight. "Even if he or she is the best money manager in New York, it is dangerous ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... money managers who should be investing and monitoring these funds. The funds should be maintained

Fighting Back When Banks Grow Fat on Inflated Property-Tax Escrows

. If a bank thinks a property needs more money in escrow to cover rising property taxes, it sends a bill ... Oct. 12, 2009 — The amount of money that banks require co-op properties to keep

Minimizing Liability When Your Building Staff Does Fix-It Jobs for Residents

New York City

because [he or she] saved money, the guy is happy because he made extra money and I'm covered because I ... apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep ... While side jobs often save residents money and line supers' pockets with extra cash, the situation

Is An Interest-Only Mortgage in Your Co-op's Best Interest?

New York City

the repairs become critical, the current board may be forced to borrow a lot more money. An interest-only loan ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... that will bring in money for a roof replacement, hallway improvements and an infusion to your depleted reserve

Bulk Buying: A Primer

the new units installed at cost by the maintenance staff — and everyone saved money on electricity since ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... money The power of bulk purchasing is one tried-and-true method. And in light of the tremendous

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Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

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