with their money. Funds earmarked for capital repairs and maintenance were instead being applied to another ... or spend the big bucks on needed capital repairs.
The common thread: each property needed money
to get at the money — i.e., liquidity — if unexpected expenses arise.
Since its inception in the late ... to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ... it is a problem since, even though you have thousands in reserves, you can't immediately get at your money. Why
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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!