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Small builidng, small increase

contract to add to your budget. I'm sure it will not be that much and will take the quarters, the use

Strategies

. Again, you are boosting your operating budget by the service being absorbed by the co-op, then billing

Supers Utilities and then some...

. If a building’s board with a $1mm operating budget isn’t experiencing them coming forward with cost

thanks for the feedback

, hall window replacement etc. Our current board is managing to a budget and longer term capital

Board Consultant

+ unit co-op with a $5 million budget for the past five years. We have been successful at least in part

leaks

Just as in any small business, the budget is very carefully looked over to maximize the "bang

Miantenace, our twenty five year historic average is 3.7%

budgets very effectively. This reduces adverse feedback. Our maintenance increase is from 3.0% to 3

Engineering opinion

off pleases the customer and the budget. No sense in designing a rolls royce if you can only pay

Rolling your capex into your maintenance

of rolling maintenance and capex into one budget would be that maintenance will swing dramatically from year

Rolling your capex into your maintenance

of rolling maintenance and capex into one budget would be that maintenance will swing dramatically from year

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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

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