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the coop her own money, at an interest rate considerably more favorable than any bank. I remember reading ... Borrowing money from a shareholder
this balloon off in future years may actually cost less based on the concept of the time value of money. Does
that contracts and projects may be hindered because the new property manager has a record for stealing money
-around. The first store sold me a shoddy embosser--and refunded my money--and the second won't return phone calls
and the board wanted to buy flowers to send. The board members wanted to take the money out of the operating
spent a great deal of money on exterior renovations. Shareholders including myself want to see where our
in the money market account as submitted in the buyer's "balance sheet", e.g.; substantially incongruous
in the façade, lintels, the garage, and roof. More than one safety hazard existed too. But what had money been
keep the reserve fund barely positive) requires a lot of money. For this reason, baseline
the wrong incentive for a person to serve on the board. They'd be serving for the money rather than

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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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