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the role of the board

their money."<< This misconception is one of the toughest parts of being a board member: the idea that owners

Re: Assessment for Bldg. Improvements

You should speak up and not let the board dictate how shreholders are to spend their money

Re: Super v Res Mgr classification

making less money then supers. But mostly RMs make more money. I did a survey a few years back and found

Super vs. RM

. But he has a small staff. Hence my confusion. What is he? Would co-ops save money by hiring supers

Super v Resident Manager

Pgrech is pretty much on the money on this one. If I may add the following. A lot

Ooops, sorry....

... FIRST - Find ways to save money: 1) Read monthly reports and question costs for messengers, paper

NO ONE can guarantee what will happen on audit...

...but the odds are good that money spent on a new roof can increase basis & reduce your cap

Right - let's talk PRO-ACTIVE ways to bring down mntnce:

that the co-op’s insurance carrier offered free legal counsel. A lot of money was unnecessarily wasted

Capital improvements

be considered capital improvement? The answer is yes. A capital improvement is any major outlay of money

FLIP TAX

familiar in condo/coop. law will suffice. Good luck and you should get your money returned

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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

learn more

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

see the guide

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