Category: Finance

Finance
Dealing With Code Violations By Thomas Lisi

Those of us without engineering degrees tend to take the buildings in which we live and work for granted. We simply assume that if we go indoors, the ceiling isn't going to suddenly collapse. Of course, buildings can remain upright and…

Finance
Don’t Raid the Cookie Jar By Liz Lent

Sometimes the future seems like it’s an awfully long way away. If a roof is going to last 30 years, why should we worry about it today? Same with that shiny new boiler or that flat, crack-free pavement just poured two summers ago. Even…

Finance
New York City’s $78.5 Billion Budget Plan By Thomas Lisi

Mayor Bill de Blasio and City Council Speaker Melissa Mark-Viverito shook ceremonious hands over New York City’s budget a week before it was due, after the mayor reversed his position on hiring new police officers. Thanks to strong loc…

Finance
Money Talks By Lisa Iannucci

Imagine sitting down with your significant other to pay the monthly bills. You both put your checks into a joint account and know how much there is to take care of expenses, or so you think. Out of his wallet your husband pulls out rec…

Finance
In The Black By Raanan Geberer

Taking care of a condo or co-op building’s budget and finances is a big job. Handling such large sums of money is an important responsibility, and not every shareholder or unit owner has the expertise to do the job well. Sure, most peo…

Finance
A Clear View By Liz Lent

Windows can dramatically change any space, from transforming a tiny kitchen into a front row seat to a glorious skyline to morphing a standard upstairs bedroom into a perfect perch for an ocean view. Windows bring vast life and light…

Finance
Budgeting and the Bottom Line 1 By Anne Childers

Preparing the annual budget is by no means an easy task. Those charged with preparing cooperative, condominium or HOA budgets will soon begin reviewing costs, gathering data and projecting expenses for the coming year. Communities, b…

Finance
Cutting Costs – Without Cutting Corners By Danielle Braff

As the 2012 federal legislative fiasco over the debt ceiling—as well as any number of other spending bills proposed since then—demonstrated, balancing a budget can be like pulling teeth. Balancing a condo or HOA community'…

Finance
Surviving a Financial Firestorm 1 By Elizabeth Lent

One of the biggest problems that can cause the downfall of any co-op or condo is a lack of funds, or more specifically, not enough money to keep operations running smoothly and to make the necessary repairs to keep everything up to …

Finance
Mayor and City Council Ink Budget Deal By Liam Cusack

Mayor Bill de Blasio, New York City Council Speaker Melissa Mark-Viverito and fellow council members reached agreement June 19, 2014 on an on-time and balanced city budget for Fiscal Year 2015—marking one of the earliest budget…

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