Common charges

02 April 2019: Corner of W 23th Street and 10th Avenue, Manhattan, New York, USA.
Co-ops
Boards prepare to hike maintenance fees and common charges in 2024

… condo or coop board is preparing to hike monthly fees in 2024 youre not alone Boards are preparing to raise … called 2023 the worst year in their memory for hikes And 2024 isnt looking much better Three property managers … operating expenses are expected to rise in the 2023 to 2024 fiscal year according to a report from State …

By Celia Young |December 29, 2023 - 1:30PM
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
Low Angle Architecture
Maintenance fees
How are co-op and condo owners charged for the costs of running the building?
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
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
A man looks over several documents and looks concerned.
New Construction + Condos
What is a working capital fund contribution for condos? Are these common in NYC?
By Celia Young |October 9, 2023 - 1:30PM