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 ... ? Because it's been invested in auction-rate securities (ARS).
Huh? What happened to treasury bills (T
, too: Some of the buildings, it turned out, were beyond sickly. A long punch list of necessary repairs ... is one of the biggest investments you'll every make. This purchase is more than just buying a home, it
, one or two percent, just to get shareholders used to it," Esposito says. There is a caveat ... -ops and condos face legal and financial challenges that have to be solved. Whether it's a question of how ... financial statement. And for most of them, it's like handing them the inside of a board-game lid where all
, a weekend. Other unit-owners have complained about strangers coming and going. It's possibly undermining ... regulated co-op corporation — do to keep its the building from becoming a de facto hotel?
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!