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to save money, it might cost the co-op or condo much more in the long run if they must retrofit
finance company.  The money for PACE loans comes from local governments that issue bonds to raise lending
’s a tradeoff: convening at a nearby venue costs money, and it might lessen turnout since people have to make
an assessment or a hike in common charges, the board needed money from a different source.  Management began
enough for the credit to matter).  Determining the source of the upfront money – the reserve fund
of the money for a project, reducing your upfront cost. Then tax rebates or abatements can lower your property
lobbying against it,” Hunter says. “Money talks down here.”  Hunter last testified on this issue in New
of assessments. As far as the board – and and the 36 unit-owners – are concerned, it was money well spent
to corroborate the accuracy of Gillen’s findings. It’s still too early to tell how much energy – and money
rooftop solar panels without putting any money down. When it comes to solar, the sky, for the time being

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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