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apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep
. The neighborhood was gentrifying and the newcomers wanted to spend money to improve things. "In the last ten years
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
of the bench. The leftover money can then, say, replace a tattered awning you might not have replaced otherwise
was going to have to spend money, we had issues." A major bone of contention was a commercial space
-op's hard-earned money over a harmless little dog that could easily have been allowed in without setting
and eliminate any proposal that carries a suspiciously low price tag. Accidents Happen Money shouldn
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

The Perfect Storm UNABRIDGED

Magazine Article by Bill Morris on October 01, 2008

disastrous. The most severe, of course, was that the steam leaks caused the co-op to start hemorrhaging money

Leadership: 4 Portraits UNABRIDGED

Magazine Article by Karen Jones on October 01, 2008

$500,000 that year with no capital expenditures. Where did the money go?” The take-charge King

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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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