Written by Jason Carpenter on June 11, 2014
Getting a building's budget back in the black after mismanagement is a tough job for any board. The Sussex, a 73-unit co-op at 2186 Cruger Avenue in The Bronx, was in massive debt and facing a number of challenges when it came under new management in 2013. Chief among the problems: a sputtering, failing, soon-to-be illegal boiler that required immediate action.
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.