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CIRA Loans Help Condos Finance Big Projects

Greenwich Village, Manhattan

capital improvements. Called a Common Interest Realty Association, or CIRA, loan, the product enables

Permanent Assessment Year 3

, a manageable and expected permanent solution was needed to funding our Capital Fund. Our shareholders generally

Co-ops & Condos Gain Voice in NY City Council

value attributable to each share for each dollar in working capital (cash), capital and operating

Paying off co-op, and trusts

consideration to examine. I think ability to obtain financing for capital programs is a main consideration: a co

Reserves

is then converted to 'Reserves' for your 'Capital Expenses.' " That's what I was trying to say. Money from

AR - that may not be correct

if the work qualifies as a ‘major capital improvement’ ” as defined by the state’s

Let's convert to condo, but

-bedroom.) Oh, if the capital reserves have been deferred or underfunded, there may be another financial hit

Following the trail..

it - such as capital/hallway project/engineering or repair/reimbursable/apt7B - etc... It makes it very easy for you

Co-op sources of income

like capital improvements and repairs. R/E Tax Abatement Assessment: A procedure used by co

Maintenance raise

for an assessment is to fund a Capital project. The capital project is generally a once-in-a-very-long-time event

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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

see the guide

HABITAT

RESULTS FOR [CAPITAL PROJECTSZ]