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elevators. The $400,000 lobby renovation was paid for with money raised for those earlier capital projects
improvements, money that is generated by an extra fee tacked onto maintenance charges. In addition
but will continue to serve on the board. The board had to convince shareholders that spending the extra money
they spend money on application fees. And they'll know after the fact, if they're rejected, exactly why
into the monthly maintenance. This will make it possible to collect the money in Housing Court, without resorting
. As I explained to them, I went to a startup in Boston and after 18 months there was no more money so
-ops and condos can save money by not doing the mailing to everybody,” says Linda Gibbs, president of Honest
significant time and money devoted to “deep cleaning” beyond the building’s regular cleaning cycle
else around today, he went from buying buildings with mattress money and then converting them to co
it because it earns him some extra money and goodwill. Isn’t this a win-win? Not so fast! Now imagine you

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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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