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New Condo in Brooklyn Faces Financial Crisis After Developer Departs UNABRIDGED

Magazine Article by Anes Radoncic, Managing Partner, Venture NY Property Management on August 02, 2024

’s budget was a disaster. “Looking at their income-to-expense ratio, we found that the condo was bringing

Update Your Building's Governing Documents or Risk Losing Value UNABRIDGED

Magazine Article by Neil Davidowitz, President, Orsid New York on August 02, 2024

Boards have a lot on their plates, from local law compliance and capital projects to budgets

Finance Your Building's Insurance Premium with an Insurance Premium Financing Loan UNABRIDGED

Magazine Article by Michael Feldman, Chief Executive Officer, Choice New York on August 02, 2024

budget, insurance premiums can’t spread out monthly, since the total annual amount has to be paid up

Hillcrest Park Condo Faces $5M Loss and Soaring Insurance Costs After Building Disaster UNABRIDGED

Magazine Article by Robert Ferrara, President, Ferrara Management Group on August 02, 2024

they won’t wreak havoc on your building’s budget. Another is to make sure there are working smoke detectors

Co-op's Budget Strained by Water Damage and Embassy Dispute UNABRIDGED

Magazine Article by Aaron Weber, Property Manager, Weber Realty Management on August 01, 2024

in the boiler room, and the repairs had escalated to six figures, stretching the building’s budget. Reserve ... Co-op's Budget Strained by Water Damage and Embassy Dispute

Manhattan Co-op Finds Solution to Noisy Radiators, Saves on Energy Bills UNABRIDGED

Magazine Article by Emily Myers on August 01, 2024

for it. However, budget constraints meant the radiator repairs were carried out only in apartments

Real-Time Energy Data Helps Co-ops and Condos Track Compliance with Local Law 97

Upper West Side

Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos

Longtime Condop President Reflects on 40 Years of Building Upkeep and Shareholder Issues UNABRIDGED

Magazine Article by Paula Chin on July 31, 2024

consistently covered our expenses. Our easiest board meeting of the year is the budget meeting, which takes

Boosting Teamwork: Strategies for Effective Board Operations UNABRIDGED

Magazine Article by Mary Federico on July 31, 2024

, manage the budget, and communicate with residents. Your managing agent and resident manager may

Bronx Co-op Board Accused of Mismanagement by Shareholders

Van Cortland, The Bronx

-year budget cycle, boards face pressure not to raise monthly maintenance or levy assessments — but if they don

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Board Talk

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DP Apr 24, 2025

Managing agent contract

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co-op board election & online voting

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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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