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?

… … A reserve study or capital plan is a way for you to get information about the upgrades and repairs needed to keep your apartment building operational The frequency of performing a reserve study should be every three to five years … warns the consequence of not having a reserve study performed every three years is that mechanical and structural …

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