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Co-op and Condo Values to Rise 7.3% in Coming Fiscal Year

New York City

contributor to New York City’s coffers, providing almost one-third of the revenue for its $115 billion budget

A New Tool to Help Co-ops and Condos Cut Emissions: Tax Breaks

New York City

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

After Condo Waiver Period Ends, Financial Confusion Can Ensue UNABRIDGED

Magazine Article by Chris Saray, Manager, WilkinGuttenplan on January 06, 2025

the full common charges as specified in the original offering plan’s Schedule B budget, which lists

How to Effectively Manage Arrears in Your Building's Financial Strategy UNABRIDGED

Magazine Article by Adam Leitman Bailey, Partner, Adam Leitman Bailey on January 06, 2025

Arrears, if let linger, can seriously impact a building’s operating budget and reserve funds ... from impacting a building's operating budget and reserve funds, while also setting up payment plans

Co-op Residents Revolt Against Assessments and Maintenance Costs UNABRIDGED

Magazine Article by Michele Cardella on January 06, 2025

budget ahead of time. The irony that the cost of such a plan would require another assessment was lost

Budget

. It is offset by a reduction in property tax. Our budget shows this under the tax section: - abatement ... Budget

New J-51 Tax Abatement Program Helps Co-ops and Condos with Renovations UNABRIDGED

Magazine Article by Emily Myers on January 03, 2025

have to budget, do the project and budget again.” The reinstated J-51 program allows eligible housing

Co-op Board's Sharp Flip Tax Increase Raises Legal Questions

New York City

struggling to balance their budgets, but often loathed by apartment sellers. When the board at a 10-unit

J-51 Replacement Offers Help to Co-ops and Condos Needing Upgrades, But Many Miss Out

New York City

and roof repairs was $13 million. “We can’t afford to do it all at once,” Nicosia says. “We have to budget ... Energy is one budget item that NYC co-ops and condos can lower, and the articles here will give you ideas

Trump's Dislike for Wind Energy Scuttles Offshore Turbine Farm

New York City

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

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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!

housing attorney

DP Apr 24, 2025

Managing agent contract

SierraBravoWhiskey4 Apr 15, 2025

co-op board election & online voting

Pre-war cooperative NYC Apr 08, 2025

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

learn more

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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