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Imperial Sanford Building Cuts Costs and Meets Local Law 97 with Renovations and Fuel Switch UNABRIDGED

Magazine Article by Evangelos Fantakos, CEO, Highrise Property Management on September 05, 2024

might be able to save money. “Do you have a dual-fuel system where you have oil and gas?” he says. “That

Building Insurance Premiums Soar, Causing Financial Hardship for Residents UNABRIDGED

Magazine Article by Vik Shingwani, Property Manager, First Management Corporation on September 05, 2024

money to pay for the policy, the co-op imposed an assessment last summer. That was punishing enough

David Wolf's Co-op Governance Expertise Benefits Windsor Tower Residents UNABRIDGED

Magazine Article by Paula Chin on October 02, 2024

in a facility.  Money management. We finally completed our facade repairs, which started back in 2018 and were

In Co-Op Wars, Emails From Shareholders Are Getting More Attention UNABRIDGED

Magazine Article by Michele Cardella on November 25, 2024

the project to save money. 8. Don’t insist the board use its line of credit instead of assessments unless you
and a doctor's office in the basement. 'Good income' meant maintenance income [and] any money the co-op took
would walk in the lobby naked or with her fur coat on and naked underneath. And though she had the money
an assessment. He's also seen buildings use money from the reserve fund, obtain financing, run a credit line
saving money. But more than that, Levi says, going to a LEED certification is "really about the way we
by having the state pay school districts a certain amount of money each year from a set-aside portion
building was in real financial hardship; they just didn't have any money." What it did have was being

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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