Co-op boards must educate themselves on the legal and financial intricacies of share certificates and liens, transfers, lost certificates, unsold shares, and issuing new shares. (Print: Understand The Complexities Of These Certificates)
Co-op boards must educate themselves on the legal and financial intricacies of share certificates and liens, transfers, lost certificates, unsold shares, and issuing new shares. (Print: Understand The Complexities Of These Certificates)
A condo in downtown Brooklyn was found to have irresponsible finances, prompting a 30% common charge increase and a $50,000 assessment to restore the reserves. (Print: Duped By Developers)
A small converted loft building was forced to evacuate due to leaning bearing walls, resulting in a financial dilemma and a CIRA loan to remediate the issue. (Print: Delayed Repairs: A Worst-Case Scenario)
The Climate Mobilization Act divides building boards into three categories: unaware, struggling to fund retrofits, and preferring fines. A new bill proposes tax abatements for emission reductions, aiming to alleviate financial burden.
What can boards do when residents can't afford necessary capital repairs?
Boards have options when it comes to bringing residents back from being in arrears.
Costs are going up – and boards need to build better budgets.
Commercial space can be a tricky part of negotiations for a co-op or condo board.
The board at the Sailmaker brainstormed a two-pronged financial solution.
Board president Angela Hirsch is on a mission.