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Budget

at best. I am an accountant but not a CPA. Best practice is that capital assessment funds be deposited

Our reserve funds

capital improvements. In addition, we have a line of credit. We have a “standard” capital

Construction Contracts: Mind Your Language! UNABRIDGED

Magazine Article by Paula Chin on February 13, 2023

Word for word. When undertaking capital improvements, boards should always review the language

. Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers ... , stopped a capital job in progress, sought out a second engineering opinion, and then hired a new firm

Deftco Dupe: How a Finance Company May Have Ripped Off Four Co-ops

, then undertook a $3 million capital-improvement project. The lack of coordination – and cost overruns – got so ... major capital improvements, but given the dismal state of the economy, the co-op board was reluctant

Dilapidated Park Slope Building to Get Makeover Thanks to New Condos

187 Seventh Avenue, Park Slope, Brooklyn

of its roof missing, it was considered an eyesore by many. Luckily, Sugar Hill Capital Partners

Two Former FirstService Professionals Found New Management Company

New York City

, including in management and acquisition, and has guided buildings through major capital projects

After a Long, Contentious Journey, a Penthouse Gets Bought for $30.9M

1107 Fifth Avenue, Carnegie Hill, Upper East Side

to hedge-fund honcho Mark Kingdon, founder of Kingdon Capital Management, for $30.9 million, reports

Another Seminary Cashes In On Its Valuable Land and Air Rights

Morningside Heights

firm Cushman & Wakefield. “Most of these groups don’t have a lot of capital money available,” says

A Soho Co-op Goes Poof!

SoHo, Manhattan

their building for $42 million to L3 Capital, a Chicago-based investment firm that plans to turn the cast

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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!

Sprinkle system for insurance?

Pooh Dec 23, 2024

Super starting his own business outside of the co-op

Bob B JR Dec 20, 2024

radiator air valves

Pre-war cooperative NYC Dec 19, 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

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