– are costing co-ops and condos money and time that they might not be able to spare.
... of time, and a lot of money.
Essentially, unfunded mandates are city requirements that must be paid
the money."
Seward Park, according to Durant, has such a board. Board president Michael Tumminia says ... to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ... and a lot of money. Two of the newer ones: third-party elevator inspectors and site-safety inspectors
ways to pay for this work.
1) Raise maintenance by an amount sufficient to raise the needed money ... Prioritizing Repairs When Your Co-op / Condo Board Has No Money
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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.
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
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!