Reserve study

Condo buildings Hunters Point, Long Island City, Queens, with a view of Midtown Manhattan over the East River
Reserve study
New Jersey passed a law requiring condo and co-op buildings to conduct reserve studies. Could New York be next?
By Jennifer White Karp |February 6, 2024 - 5:30PM
black and gray metal pipe
Capital Improvements
How can our co-op or condo building pay for capital improvements?
By Tina Larsson |October 10, 2023 - 12:30AM
Buildings systems
Ventilation
What’s the useful life of our building’s equipment?
By Tina Larsson |October 10, 2023 - 12:30AM
Closeup of manometer, pipes and faucet valves of heating system in a boiler room
Live
How co-op and condo buildings can fund Local Law 97 upgrades
By Emily Myers |September 6, 2023 - 2:30PM
bank of 2 elevators at the base of apartment building lobby with pink walls
Buy
How often does our board need to do a reserve study for our building?

… that Fannie Mae one of the governmentbacked entities that buys loans from banks can put buildings on a do not lend … study instead of a reserve fund requirement … Coop buyers wont get to see reserve studies … When you buy a coop youll find most of the audited financial …

By Emily Myers |May 8, 2023 - 2:30PM