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arrears

to pay them; if we're short on cash we have to borrow money; the interest on that borrowed money is payed

Self-interest

. If a shareholder owes the corporation money, and is behind in his/her payments, the board has a duty to make sure

money amounts

money amounts

Repairs

to scratch money from stones if necessary. With this said, not only do we pad our budget a bit to take care

Reply to TedNJ

to patch/paint the stairwells? Last time was 1997. They won't even spend money to just repair the faulty

To AdC Thank you

they take the money from the reserve fund? Have a nice day

Reply to AdC

Thanks for the advice. The property manager and I have tried to work money into the budget

Re: Convincing the Board

or pay much more later as the cost may end up costing more then just money later. Not sure if I am making

Convincing the board

amount of money such as $4K or $5K to do minor projects that will contribute to the enhancement

Re: Board disagreement over assessment

. On the flip side they want to know what the repercussios are for not paying and placing the money in escrow

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Board Talk

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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

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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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