New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

PROBLEM SOLVED


A PODCAST FOR CO-OPS AND CONDOS

July 1, 2024
Season 2
Episode 7
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How A Small Condo Tackled A Shared Expense Problem

It's not uncommon for condos with commercial space to find the owner of that space isn't contributing adequately to the shared expenses of the building. The board then finds itself doing assessments for residential owners while the commercial owner's monthly payments stay flat. The question is, how to get out of this situation without discord or a lawsuit? Avi Zanjirian, CPA and partner at Czarnowski & Beer shares how a 15-unit condo-op on Manhattan's West 3rd Street accomplished this. Habitat Magazine's Emily Myers interviews Avi Zanjirian.

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