An Ultra Money Market bank account offers co-op and condo boards FDIC insurance beyond $50,000.
An Ultra Money Market bank account offers co-op and condo boards FDIC insurance beyond $50,000.
Two fixes are a realistic budget and a healthy reserve fund.
A reserve study is a budgeting tool that can help boards plan for building system replacements.
Not raising maintenance over the long term is not always something to boast about.
If a board member personally invests co-op funds, watch out.
The reserve fund: you have one, what do you do with it?
After a decade of problems, a feisty New Jersey board takes charge.
It’s a new wrinkle on maintenance, but is it fair or foul?
Split funding may be a codo
Boards learn the delicate art of acting as brokers for their buildings.