1997 Jul/Aug
1997 Jul/Aug Vol. 17, No. 6
Focus on...Budget, Finance & Insurance
Back From the Brink of Disaster:
Co-op and condo boards, together with their professional managers, are responsible for their properties' financial well-being. Every financially-challenged property faces the same perils: an inability to meet ongoing expenses, the consequences of unattended capital improvements, the danger of plummeting sales prices and even the dire possibility of foreclosure. When a property is in financial jeopardy, it falls to the board and management to do everything possible to pull it out of the red and into the black. Here are the inspiring profiles of three properties that stood on the brink of disaster and turned that situation around. Here, also, is expert advice on how to ensure your own property's financial success.
Read MoreDirectors' and Officers' Insurance
Being elected to serve on the board of your co-op or condo can be viewed as a great honor or a dreadful Read More
Homeowners Insurance
Two weeks after Angel Agostino renewed her small insurance policy with Ron Tepperman, Inc., a base- Read More
Voting by Proxy
When it comes to decision-making in your building, attending meetings in person Read More
Getting Unit Financing
You've found your dream home at last. However, you don't have those hundreds of thousands stashed away Read More
Regulating Boiler Repairs
You probably don't think about your building's boiler very often. As long as it provides heat and Read More
