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Encouraging Board participation

audited financial report and budget projection are sent to every shareholder before any announcements

Ethical but terrible approach

with the rest of the board *before* starting. That way, every board member would have a say about the budget

Thanks and....

the abatement - abatement in their budget - would that be poor planning? Also shouldn't the total amount

list serve

the members of the financial committee do not get specifics. Keep in mind that our annual budget is over 44

Foot Traffic and PL

an occupation with foot traffic no matter what any fuss budget on the board says." My PL must be deficient

Window replacement for small building

on an as needed basis/worst case scenario case is best and to budget for all who need it, but we don't get to take

Self Management condominium

, claims, budgets, collections, payments). Having a person with a mechanical/technical background would

Relative Mortgage debt

in another response, my coop is paying 33% of the budget, about $300k, in mortgage principal and interest per

windows in disrepair, replacement overdue

, budget, reserves, and other issues, it's hard to say that the windows are the top priority, although

Why flip taxes can be bad

/25% higher than average. Now, instead of effectively addressing line-item budget costs, they want to add a 2

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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!

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

Coop serious problem - staff work without permits, etc

DM Dec 15, 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

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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

Source Guide

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