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Sun City UNABRIDGED

Magazine Article by Carol J. Ott on September 01, 2008

lighting. “We spent a lot of money during the first renovations but didn’t have enough to improve
and answered: How much money must a sponsor provide? As a unit-owner, board member or managing agent, how can ... of condo conversions really have only one material obligation: to provide sufficient money for a reserve
to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... -op's attorney to make choices based on the money he puts on the table, not on the charm he exudes with his
and financial challenges that have to be solved. Whether it's a question of how to raise more money, how to deal ... gardening project can cost your co-op or condo a lot of money to remedy.
at their financials right now. For all that additional effort and money, "The equipment will not only be safer ... and testing. It'll cost you more money and create coordinating headaches. Will our "vertical transportation
the average shareholder over $460,000. Only in New York can you make money by selling air.
and rust steel. (See "Structural Tests Can Save Money — and Lives," January 2008). But for a little over
In the economic downturn of 1989 to 1992, money was tight, interest rates
's grades are in, but they're not public – yet. Plus, six ways to borrow money, nine role models for board
goes south, and $190,000 went with it. Plus, New York officials want banks to release insurance money

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