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; the savings in labor costs brought the final price of the job down to $35,000. The money came from the co
for our common areas – and it could be done with virtually no money down.”  Since the board
of the roof membrane by as much as 60 years. “A further money-saving feature is the improvement in roof
the maximum amount of money.” He offers another reason why boards should use a specialist: “Co-op boards often
it to use. RTEM data allows you to be proactive and strategic, and it saves money. You can’t get more real
, and I’ve always believed I can do it better. Is this really what I want to do – make all this money
some money,” Russell says. “But when I looked around, I heard horror stories. We knew we were lucky, so
be paid for with money from the reserve fund. End of discussion. “Let the shareholders vote? Oh my God
and landlords began negotiating leases, and their rooftops turned into money machines. “Everybody wanted to get
.  “Working in the family store, my brothers and I learned at an early age that money doesn’t grow on trees

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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