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seem to be in the lobby. This is especially true when it comes to money. On the board, my husband
things in common: they’ll make buildings safer, and they’ll force boards to spend money to save money
lovingly restored the cornice.” “We try to maintain the details,” says Brent, “but it costs money. Our
of money for all of the defaulting unit-owners, creditors, and the condominium, the board needed a way
money.  The Grinnell is not just going solar – it’s going community solar. The 83-unit co-op has
-op was spending far too much money on fuel – more than $1 million annually. The co-op’s oil-burning boiler was so
available money a prospective buyer still has after making the down payment. This can include cash
, reducing interest payments and adding approximately $1 million to the reserve fund. Two-thirds of the money
from reduced oil and gas prices.  With money in hand, the board began seeking out vendors
, agreed they would save money in the long run by spending more upfront. So in December of 2017, the board

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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

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