Reserve fund

… New Jersey enacted new legislation  that takes a big step … in place for its coop and condo buildings Thanks to NYCs local laws buildings already undergo a thicket of  façade … electrify buildings and comply with lending and insurance regulations also necessitates the need for appropriate …

… expenses for items like heating staff and elevators In a coop the monthly payment is known as maintenance or … used for capital improvements … External Funding Options … Refinance For a coop refinancing the existing underlying mortgage and increasing the loan amount is a …