YONKERS

New thinking has this board doing capital projects once – and doing them right.

A sick couple gets love and support from their co-op neighbors and staff.

Unit-owners, with a little coaxing, buy into doing a big job the right way.

Condo board tackles capital project with multiple moving parts.

Board uses "bridge" loan to fix retaining wall.

Retaining wall collapse onto railroad tracks nearly derails co-op.

A determined co-op board overcomes years of watery misery.

Co-op board uses a consultant to oversee two elevator replacements.

A co-op board learns to listen to new ideas from unlikely sources.

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.