Written by Bill Morris on June 23, 2021
New thinking has this board doing capital projects once – and doing them right.
Written by Jonathan Vatner on April 23, 2020
A sick couple gets love and support from their co-op neighbors and staff.
Written by Sue Treiman on September 25, 2019
Unit-owners, with a little coaxing, buy into doing a big job the right way.
Written by Bill Morris on December 26, 2018
Condo board tackles capital project with multiple moving parts.
Written by Frank Lovece on October 30, 2018
Board uses "bridge" loan to fix retaining wall.
Written by Frank Lovece on October 29, 2018
Retaining wall collapse onto railroad tracks nearly derails co-op.
Written by Bill Morris on January 03, 2017
A determined co-op board overcomes years of watery misery.
Written by Bill Morris on December 28, 2016
Co-op board uses a consultant to oversee two elevator replacements.
August 23, 2016
A co-op board learns to listen to new ideas from unlikely sources.
Written by Frank Lovece on November 10, 2015
Your co-op might be making too much money. Yet sometimes it really can happen: you refinance the underlying mortgage, you refurbish and sell an apartment picked up in foreclosure – and then you have issues with your nonprofit status – and also shareholders wondering why their monthly maintenance is so high if you're rolling in dough.
What can you do? Lower the maintenance? Maybe. But if you're Michael Barbara, the 21-year board president of Yonkers' 528-unit Bryn Mawr Ridge Coopersative, you implement a concept that appears to have had no name until he gave it one: a reverse assessment.
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Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
A free digital resource for co-op/condo board directors. Published twice a month. Read now on all digital devices.