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Chelsea Condop Takes Proactive Approach to Fund Major Infrastructure Projects UNABRIDGED

Magazine Article by Sara Gierloff, CFO, MD Squared Property Group on September 05, 2024

capital plan to ensure that it had enough funds to pay for current and future repairs. Time and Money

Escrow Accounts and Budgeting Strategies Aid Condo and Co-op Treasurers in Cash Flow Management UNABRIDGED

Magazine Article by Thomas Thibodeaux, CFO, New Bedford Management on September 05, 2024

of cash flow: “In the summer,” he says, “you might see a healthy bank balance, but that money is often

Co-ops Ease Financial Strain by Refinancing Mortgages with Extended Amortization Periods UNABRIDGED

Magazine Article by Donald Einsidler, President, Einsidler Management on September 05, 2024

of money into reserves for capital projects while paying the same or less principal and interest than ... their balloon mortgages, increasing the amortization period from 30 to 40 years, and saving the co-ops money

Upper East Side Condo Board Tackles Unexpected Repair Costs, Adapts to Financial Challenges UNABRIDGED

Magazine Article by Joshua Holzer, Senior Vice President, Maxwell-Kates on September 04, 2024

to borrow further money from another bank and refinance,” Holzer says. Fortunately, the contractor also ... A condo on the Upper East Side had to borrow more money and reduce staff to pay for unexpected
to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant
, maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit, but to create
apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep
actual temperatures in the building. As a result, the boiler cycles on less frequently, saving money
to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant
to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant

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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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