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tb - you make no sense.

The money comes from the budget. It is the same total amount of money as if you paid the bill

Scrutinizing financials

or not a sale should happen. Regardless of how they got the money, or for how long they've had it, if they have

Tax Returns in Board Package

Thank you Marty. We're not concerned about the person making enough money but making too much. We

Sponsor Defaults: Helping Boards to Help Themselves

New York City

/investor is typically more concerned about having the co-op or condo spend money on the lobby and the hallways than ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... or common charges on these unsold apartments. The reason? Money from their rent-controlled and rent

What Happens When the Sponsor Goes Bankrupt in the Middle of a Big Project?

The Worth Building, 73 Worth Street, Tribeca

to a $650,000 settlement." The board also set the assessment process in motion. With that money in hand ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... of sidewalk. The price tag was a formidable $1.6 million. But money was the least of the obstacles.

How Co-ops & Condos Can Prevent Oil Overcharges

you need to understand because it could save – or cost – your building a truckload of money. Simply ... apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep ... does for a new client. "We look for ways to save money," Meister says. "One of the first things I

Obtaining Bridge Loans from Shareholders: How to Build the Bridge

90 Riverside Drive, Upper West Side, Manhattan

to participate — and they offered twice as much money as the co-op requested. "We were over ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... significantly above that being offered by current money-market accounts.

Mitchell-Lama Co-op Escapes a Heating Bill Nightmare

Brooklyn, New York City

unit. This is a big savings to many of them. Believe me — they need the money.” ... apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep ... commercials that residents were alerted about a way for their building to save money on heating bills. Those

How a Condo Board Can Collect Arrears By Using a Little-Known Tool Called DILF

New York City

an action, which takes time and money. This is really just delaying the inevitable. If a board decides to go ... to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ... with essentially three choices: Enter into a payment plan with the defaulting owner, sue for money damages

Warning Signs: Not Paying Close Attention to Your Building's Reserve Fund

New York City

of the amount of money you have, you should always strive to make it larger. Fannie Mae, the federal agency ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... expenses with money from the reserve fund. Your managing agent has sole control over your reserves. Your

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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

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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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