Boards can use New York State's annual Cooperative and Condominium Tax Abatement, negotiate contractor financing, and impose a capital-contribution requirement to build reserve funds and avoid special assessments. (Print: Raising Funds: Three Ways To Think Out Of The Box)
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ArticleTopicsColumn TypeIssue
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How to Avoid Special Assessments in Your Building: Three Ways to Generate Funds
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How to Fund Projects
How can you use a line of credit to fund capital improvements?
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Explore Self-Funding for Capital Projects
By prepaying 10 months of common charges, owners get a break.
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A Condo Loan With Heart
To fund a huge reconstruction project, Beachwalk Landing got creative.
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The Positive Debt
The positive role of debt. Yes, debt.
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What Lies Beneath?
After dealing with a sagging first floor for years, one co-op turns it into a golden opportunity.
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Chargeback
Using the chargeback system: paying staff for extra work can pay off.
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A Steal of a Deal
Fund-raising: foreclosure as opportunity.
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Basement Treasure Map
How one building saved bucks with bins.
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Can We Earn More from Our Parking Lot?
Selling your parking lot – the benefits you can reap.
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