Reserve fund

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?

… all costs are passed on to owners   … Internal Funding Options … Monthly Dues Maintenance or Common Charges  Owners … the monthly payment is known as maintenance or maintenance fees in a condo the owner pays what is called common charges … are low  Project loans Project or construction loans are typically tied to a particular project and backed by a …

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
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Troubleshooting
How can our condo building pay for capital improvements?
By Alanna Schubach |January 18, 2022 - 12:30PM