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Unbalancing Act UNABRIDGED

Magazine Article by Frank Lovece on September 22, 2016

Under-budgeting can leave your building holding the bag when vendors come to call. ... ’t want to work with your building.” Under-budgeting can also backfire. “If you have expenses that you ... Budgets Finances Debt ... The gravity of budget shortfalls.

Water Bills Growing as Co-op / Condo Budget-Breaker. Here's What to Do.

of the operating budget. In one eight-unit Manhattan co-op, the amount earmarked for water and sewer leaped from 5 ... apartment building's annual budget that it was filed under "miscellaneous items." No more. On May 21 ... Water Bills a Growing Budget Item ... Water Bills Growing as Co-op / Condo Budget-Breaker. Here's What to Do.

Creating a Road Map for Your Co-op or Condo

New York City

the point of a budget is to determine how much owners will be required to pay to operate the building. Items ... Okay, so a discussion about balancing budgets may not win any Most Exciting Topic awards ... Budget 101 for Beginner Board Members

Mid-Year Budget Check UNABRIDGED

Magazine Article by Jennifer V. Hughes on June 01, 2012

Every building’s budget is different, but there are a few common areas that all co-ops and condos ... , when next year’s budget will be a reality. Every building’s budget is different, but there are a few ... Budgets Insurance Accounting ... Mid-Year Budget Check

The Budget Blueprint: Q&A With Jeff Heidings, Siren Management UNABRIDGED

Magazine Article by Tom Soter on September 01, 2010

the role of the Treasurer and what the board should know about budgeting. ... Q&A with Jeff Heidings, Siren Management. The budgeting season is upon us. To make sense ... Treasurers Budgets Finances ... The Budget Blueprint: Q&A With Jeff Heidings, Siren Management

Preparing to Repair – Year by Year UNABRIDGED

Magazine Article by Ronda Kaysen and Jason Carpenter on June 01, 2014

A reserve study is a budget-planning tool that combines a physical and financial analysis of your ... – but different – budget planning tool that combines a physical and financial analysis of your building. Those who ... Budgets Finances Engineers ... A budget-planning tool lands in New York.

Water Remedies UNABRIDGED

Magazine Article by F.L. Andrew Padian on April 01, 2015

Don’t let your budget go down the drain. Water costs are skyrocketing. How can you keep yours down? ... Water Budgets Leaks ... How to keep your budget from going down the drain.

Property Taxes Up Close UNABRIDGED

Magazine Article on March 01, 2011

Understanding assessments so that boards can budget properly for their property taxes. ... items, none of which is sales value, understanding them can be challenging. Boards needs budgeting ... Taxes Assessments Budgets

Fannie Mae’s New Rules - Q&A with Chris Griebel, CPA, Czarnowski & Beer UNABRIDGED

Magazine Article by Tom Soter on November 01, 2010

CPA Chris Griebel explains how reallocating a budget surplus can help a co-op satisfy new Fannie ... with a budget surplus may not be on the top of your list of things to do for 2011, but believe it or not, some ... Loans Budgets Reserve Funds

Does Buying in Bulk Save Money? UNABRIDGED

Magazine Article by Geoffrey Mazel on February 01, 2008

In light of tremendous pressures on today’s budgets, bulk purchasing is a great way to help save ... , boards are feeling a tremendous strain on their budgets. They have a fiduciary obligation to keep ... Bulk Purchasing Budgets Electricity

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Board Talk

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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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