2013 April
Focus on... Real Estate Market/Expo

Finance Balancing the Bottom Line
2013 April Balancing the Bottom Line

 Not everybody on a co-op or condo's board is an accountant (or can even balance  their own checkbook, for that matter.) No doubt, handling large amounts of money for an entire building is a huge  responsibility. Residents, therefore, rely…

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Board Operations Storing Your Life
2013 April Storing Your Life

 It’s the age-old question for apartment dwellers living in cramped spaces: where do  you store all of your possessions? If you live in a New York City co-op or  condo, most buildings have a solution: sizeable storage units at the ready th…

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Neighborhoods Brighton Beach Memoirs
2013 April Brighton Beach Memoirs

 You’ll find knishes, borscht, blinis, loads of shops, bakeries, fruits and  vegetables, black market caviar and of course, vodka, along Brighton Beach  Avenue, the neighborhood’s main artery that caters to a thriving Russian community. Da…

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Q&A Q&A: Transferring Shares to a Trust
2013 April Q&A: Transferring Shares to a Trust

Q My wife and I own the shares for our co-op apartment jointly. We wish to  establish a revocable living trust for our assets and the apartment. Our co-op  board is unwilling to make the transfer to the trust. How can we convince the  boa…

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Q&A Q&A: Not In Arrears
2013 April Q&A: Not In Arrears

Q I own a co-op in Mount Vernon, New York. I was unable to sell the co-op so the board approved a sub-lease. The  maintenance was in arrears by one month plus the current month. I was sent a letter by an attorney to pay the arrears plus t…

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