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Leading the Way: Board Treasurer Ed Yaker, Amalgamated Housing Corp., 98 Van Cortlandt Park S. UNABRIDGED

Magazine Article on May 03, 2022

, and we haven’t always had the budget to do a full repair. So we did what was needed and left the rest

New Condo in Brooklyn Faces Financial Crisis After Developer Departs UNABRIDGED

Magazine Article by Anes Radoncic, Managing Partner, Venture NY Property Management on August 02, 2024

’s budget was a disaster. “Looking at their income-to-expense ratio, we found that the condo was bringing

Reserves To Spare UNABRIDGED

Magazine Article by Donald Wilson, President, Blue Woods Management Group on August 24, 2023

a savings plan in place, we’ll begin a discussion during the annual budget process by saying, "Your

Chelsea Condop Takes Proactive Approach to Fund Major Infrastructure Projects UNABRIDGED

Magazine Article by Sara Gierloff, CFO, MD Squared Property Group on September 05, 2024

there is no such pending law — a standard requirement for condominiums is to hold 10% of the operating budget in reserve

Stealing the abatements & exemptions

, according to the needs of the budget. One year may go up, another year may go down. This is determined

What do you plan to accomplish?

and what is the budget to do the work? Do you have an engineering study to help you with that budget

Mixed Up About Mixed Use UNABRIDGED

Magazine Article by Robert Braverman on September 01, 2014

operating budget) paid by residential and commercial unit-owners. How do we do that successfully? Generally

Sponsor Self-Dealing UNABRIDGED

Magazine Article by Leni Morrison Cummins, Cozen O'Connor on October 22, 2019

of the four commercial ones. When the owners took control, the new management company created a budget

Upper East Side Condo Board Tackles Unexpected Repair Costs, Adapts to Financial Challenges UNABRIDGED

Magazine Article by Joshua Holzer, Senior Vice President, Maxwell-Kates on September 04, 2024

on the Upper East Side budgeted $550,000 for repairs on the front of the building, but once work began

Magical Mystery Tour UNABRIDGED

Magazine Article by Robin L. Barton on January 01, 2006

the budget for the following year, the members inspect the building with property manager Christine Martin

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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!

Sprinkle system for insurance?

Pooh Dec 23, 2024

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

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

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