New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide



February 1, 2023
Season 1
Episode 13
Transcript All Episodes

Avoiding The Mortgage Refinancing Mistake

Among the many financing decisions facing co-op and condo boards, refinancing the property's underlying mortgage — which is typically done to pay for capital repairs — is one of the most challenging, and complicated. In this episode, Harley Seligman, senior vice president at the National Cooperative Bank, sheds light on the biggest misstep boards make when refinancing  — which is not borrowing enough. Harvey Seligman is interviewed by Paula Chin for Habitat Magazine.

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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