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Condo Boards Are Being Shortchanged by Commercial Unit Owners UNABRIDGED

Magazine Article by Greg Poverelli, Senior Property Manager, Harlem Property Management on September 05, 2024

talking about significant money here,” Poverelli says. “At the end of the day, it’s incumbent upon boards

Budgeting for Building Repairs: A Challenge for NYC Co-ops and Condos UNABRIDGED

Magazine Article by Armin Radoncic, Managing Partner, Venture NY Property Management on September 05, 2024

or three years, we won’t have to tap into the money from the refinance. The shareholders were thrilled

Annual Meeting Notice: How to Strike the Right Balance UNABRIDGED

Magazine Article by Greg Finger, Vice President and Director of Property Management, Finger Management on September 05, 2024

they were going to have to pay more money. So we did not have a quorum, and we had to reschedule the annual

Preventive Measures: How a Co-Op Avoided a Gas Shutdown UNABRIDGED

Magazine Article by A.J. Rexhepi, CEO, Century Management on September 05, 2024

, it was to Band-Aid things and keep costs low. In the ’90s, money got cheaper,” so buildings could more easily do

Boards Face Dilemma: Minimize Fees or Meet Fiduciary Duties UNABRIDGED

Magazine Article by Daniel Wollman, CEO, Gumley Haft on September 05, 2024

didn’t have the money to do that. And then we developed what we thought was an appropriate, accurate

New York City Boards Face Financial Challenges as LL97 Carbon Caps Tighten UNABRIDGED

Magazine Article by Gustavo Rusconi, Vice President and Director of Management, Argo Real Estate on September 05, 2024

upgrades. “You need to make sure that every year, you’re putting money in the reserve fund, knowing

Co-op Shareholders Move on After FISP Project, Overlooking Benefits and Repairs UNABRIDGED

Magazine Article by Michele Cardella on September 05, 2024

as our willingness to spend money is low. After all, we signed on to live with no services or amenities

West End Avenue Co-op Uses Payment Plan to Fund Major Riser Replacement Project UNABRIDGED

Magazine Article by Emily Myers on September 05, 2024

’s reserve funds are invested in certificates of deposits and money market accounts, so the co-op can

How to Identify and Address Co-Op Sublet Issues: A Straightforward Approach UNABRIDGED

Magazine Article by Mary Federico on October 01, 2024

that some of our shareholders are subletting without board permission. This costs the building money, since

Co-Op Boards Face Financial Challenges in the Wake of Accidents UNABRIDGED

Magazine Article by Ian Brandt, Partner, Davidoff Hutcher and Citron on November 07, 2024

in disputes over the co-op's obligations. The main challenge is almost always over money: Who will pay to make

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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

Source Guide

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