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Problem Solved: Borrowing Enough to Cover Future Projects

-op borrowers to take lines of credit simultaneously with the existing first mortgages because it saves them ... The co-op board at Hudson House in Westchester County refinanced its underlying mortgage the right

Interest Rate Hikes Are Hitting Co-op Mortgage Refinancing

Jackson Heights, Queens

and mortgage broker, if you have one — and discuss what you need, and make sure the prepayment penalty makes ... Interest rate hikes, driven by inflation, are adding to the cost of co-op mortgage refinancing. ... Interest Rate Hikes Are Hitting Co-op Mortgage Refinancing

Lack of Pre-Inspection Leaves Condo Board Exposed to Major Risks

New York City

is more likely to ask the right questions than a broker who’s a generalist. My office offers either ... Broker’s oversights led to porous insurance coverage.

Spike in Heating Oil Costs Pinches Affordable Harlem Co-op

Harlem, Manhattan

shareholders don’t have bottomless pockets. On the plus side, when the board refinanced its mortgage for $1

Board President Jim Quaranto Takes Charge UNABRIDGED

Magazine Article by Paula Chin on June 01, 2022

we liked a lot, so we asked him to come work for us exclusively, and he’s been with us ever since

When the Contractor Doesn’t Get Paid UNABRIDGED

Magazine Article by Benjamin Tracy, Braverman Greenspun on June 01, 2022

, files a petition in court and asks a judge to find that it performed certain work or supplied certain

How to Negotiate a Rooftop Cell Tower Lease UNABRIDGED

Magazine Article by Kathryn Farrell on May 31, 2022

$2,000 to $5,000 per month. In some cases, the phone company may ask for exclusive rights to the roof

Rising Mortgage Rates Cool City's Hot Co-op and Condo Market

New York City

New York City’s extremely hot co-op and condo market shows signs of cooling as mortgage rates ... Rising Mortgage Rates Cool City's Hot Co-op and Condo Market

Leading the Way: Board Treasurer Randall Weiss, 771 West End Ave. UNABRIDGED

Magazine Article on May 03, 2022

refinancing our underlying mortgage, but the prepayment penalty would’ve been very large. Our lender

Leading the Way: Board President Silvana Vlacich, 165 E. 32nd St. UNABRIDGED

Magazine Article on May 03, 2022

money for their apartments and carrying huge mortgages. They’re the ones who tend to renovate

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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!

Building Managers/Owners: Thoughts on canners?

Amanda Kari McHugh May 14, 2024

Financial report

Pooh May 12, 2024

Tree Guards

Elisa May 08, 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

Source Guide

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