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Hello, After months of asking my coop's managing agent WHO made up our current Board, and her
the evaluation will be. What's the co-op's mortgage situation? That could also be a factor. I recommend

Nightmare at Dreamy Hollow UNABRIDGED

Magazine Article by Lisa Prevost on April 01, 2016

somebody is coming to steal her home. “I paid off my mortgage last March,” she says, “and I had to sign
Michael Spain, an insurance broker and principal at Spain Agency, says the issue is becoming so common

Collateral Damage UNABRIDGED

Magazine Article by Tom Soter on August 01, 2008

,” explains Patrick Niland, principal in First Funding, a mortgage broker. “That is, the interest rate

Kathy Kahng, President, 159 Madison Ave. UNABRIDGED

Magazine Article by Paula Chin on July 24, 2023

them because potential buyers couldn’t get mortgages due to the building’s finances. People were

The Battle of Bay Street UNABRIDGED

Magazine Article by Alan Saly on September 01, 2004

to get in line for apartments found that banks wouldn’t finance a mortgage if the building weren

Eight Steps to a Careful Review UNABRIDGED

Magazine Article by Theresa Racht, Theresa Racht Esq. on December 20, 2021

. They should also be asking for the last 10 residences with contact info. They should have somebody calling
for people to move into the buildings who will be financially secure and can afford the mortgage,” says
and often means board members play the parts of apartment renovator, broker, negotiator, and financier

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Ask the Experts

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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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