How to read a NYC co-op or condo building’s financial statement

… a balance sheet assetsliabilitiesequity statement of operations income and expenses equity section cash flow … is the potential liability What is the buildings history of maintenancecommon charges increases andor assessments and … Pappas says boards spend a lot of time negotiating their service contracts and their insurance costs to keep finances …

By Emily Myers |February 22, 2023 - 3:30PM