Does a shareholder need approval from their co-op board to get a reverse mortgage?

… …   In most cases shareholders do have to ask their coop board for permission to get a reverse mortgage a type of … mortgage If so what are typical stipulations for approval … BuyCo-ops … Ask an Expert … boards … Co-ops … mortgage … …

By Celia Young |October 30, 2023 - 2:30PM
Hochul approves a replacement for the J-51 tax abatement that could help condo and co-op buildings fund upgrades

… … You Might Also Like … viewbublogpanes=ymalinline   … BuyBuy Affordable Housing … Co-ops … Rent … Affordable Housing …

By Celia Young |October 25, 2023 - 4:30PM
Brick webinar recap: How your board can create a realistic budget and manage costs

… follow the calendar year and they or their management company start creating a budget in late September and … January 1st If a building is working with a management company for the first time and there isnt a full year of … A good faith effort Levine explained involves hiring a company to conduct a review as well as having an actionable …

By Jennifer White Karp |October 19, 2023 - 5:15PM
Heat pumps may be the solution to a host of problems, but can your building handle them?

… capacity they have she says Your buildings management company can give you that information or you can hire a … effect of heating and cooling appliances is part of the companys goal too Climate change needs better products … apartments doesnt have a product name or price yet The companys original heat pump  costs nearly $5000  Window …

By Jennifer White Karp |October 18, 2023 - 3:30PM