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co-op renovation

-op to evaluate the project, you should be prepared to submit plans, references, licenses, budgets, tenant

Financial Report

audited financial report is required and I'm not sure about the budget report. Try asking your managing

Century Management: Capital Planning UNABRIDGED

Magazine Article by A.J. Rexhepi, Director of Operations on July 31, 2018

and budgeting by boards became the norm as buildings turned their attention to a flow of capital investment

Re: Advice for condo in financial trouble

fund. Most sources advise that the reserves should be equal to at least 25% of your annual budget

Re: Co-op/condo abatement

-op's budget and maintenance would be based on this reduced figure for RE taxes. Then the city would say, "You

co-op board/managing agent

when paid late. This spreadsheet would also help in preparing budgets each year. I also watch

It's all what you do...

% increase means 25% in your oil budget for oil. IN 2006, the oil continued to go up, so it was rolled

Re: Assessment, Reserves, Operating?

with the regular maintenance and operating repairs. Now, knowing this, I have several choices... finance, budget

Maintenance: Planning & Phasing UNABRIDGED

Magazine Article by Brian Sullivan, President of Sullivan Engineering on June 10, 2019

recommendations on effectively phasing the work in order to forecast an appropriate restoration budget

Navigating the Condo Lending Minefield UNABRIDGED

Magazine Article by Leni Morrison Cummins on July 29, 2019

will be crossed. Budget requirements. With the exception of condominiums with four units or fewer, boards must

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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

learn more

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

see the guide

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