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Budget

Residential Buildings with Fire Escapes along a Street in SoHo of New York City
Troubleshooting
Brick webinar recap: How your board can create a realistic budget and manage costs
By Jennifer White Karp |October 19, 2023 - 5:15PM
New York City skyline
Live
Does your board have questions about creating a budget for 2024? Sign up for our webinar
By Jennifer White Karp |October 13, 2023 - 11:30AM
Brown and black concrete building
Fees
What are a property manager's responsibilities?

… A property management firm is a thirdparty vendor hired by your board … by a thirdparty election firm Coops are governed by the New York Business Corporation Law Article 6 addresses everything … meetings proxies and so on Condos are governed by the New York Condominium Act Article 9B Your property managemer …

By Tina Larsson |October 10, 2023 - 12:30AM
Mulit Exposure NYC
Liability insurance
What are the expenses involved in running a NYC co-op or condo building?
By Tina Larsson |October 10, 2023 - 12:30AM
Citibank
Financial statement
Why does my co-op or condo building have so many bank accounts?

… account … A reserve account is typically designated for a special purpose and there could be one account or multiple … escrow accounts tend to be opened for individual owners for special purposes For example when a buyer does not meet …

By Tina Larsson |October 10, 2023 - 12:30AM
Statue of Justice
Budget
How much should our building budget for legal fees every year?
By Holly Dutton |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?
By Emily Myers |May 8, 2023 - 2:30PM
BulkheadBrooklyn
Renovation
What would it cost to add a bulkhead to access the roof of our NYC brownstone?
By Emily Myers |February 6, 2023 - 12:30PM
image
Troubleshooting
How can our condo building pay for capital improvements?
By Alanna Schubach |January 18, 2022 - 12:30PM
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