-called "internal control," preferably every month.
The Big Three
How? By monitoring your money in three different ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... -growing amount of money flowing through New York City apartment buildings means temptation is higher than ever
to be careful how much money you put in that miscellaneous budget item," he counsels. "Normally it's in place ... to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ... -op boards. Such groups sometimes "take leftover money in a miscellaneous or contingency budget account
taught her that "you have to be alert; you have to be very financially careful where your money goes ... care, maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit ... that reportedly mismanaged money — before hooking up with Brensilber, the principal at Jordan Cooper & Associates.
in at what was earmarked. The building spent about $3 million on the project, money taken from its reserve ... to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... challenge itself. In fact, the amount of money, time, coordination, and risk in a major capital improvement
the way through the storage room and into the boiler, which ended up costing us quite a bit more money ... , maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit, but to create ... and a whole lot of money saved. The old boilers were impressive — huge but dinosaurs: they did not do the job
out thousands of dollars on a largely aesthetic project. To save money, Lauren suggests leaving ... care, maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit ... to spend money on them. But in terms of building aesthetics, which directly affect apartments' market value
, you are always trying to save your building money. I know of one small, self-managed co-op that runs ... to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ... , into shelling out hard-earned cash for something that would purportedly save time and money but actually did
to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant ... to put their money where there mouth is, who knows? We might see the birth of a co-op or condo.
Sign up for email newsletters, alerts, and digital e-news to stay informed about what's happening in the co-op/condo community. A must for board directors, property managers, professionals and vendors!
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!