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Category: Finance

Finance Don’t Raid the Cookie Jar
2015 July Don’t Raid the Cookie Jar

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. Eventuall…

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Finance Dealing With Code Violations
2015 July Dealing With Code Violations

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 stru…

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Finance In The Black
2015 July In The Black

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 people k…

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Finance Money Talks
2015 July Money Talks

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 receipts…

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Finance A Clear View
2015 March A Clear View

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 to an…

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Finance Mayor and City Council Ink Budget Deal
2014 July Mayor and City Council Ink Budget Deal

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 handshakes …

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Finance Surviving a Financial Firestorm
2014 July Surviving a Financial Firestorm

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 par. …

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Finance Cutting Costs – Without Cutting Corners
2014 July Cutting Costs – Without Cutting Corners

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's budget can some…

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Finance Reviewing Your Budget
2014 July Reviewing Your Budget

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, busines…

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Finance Predatory Lending
2014 April Predatory Lending

Matters of finance are difficult enough without the added stress of worrying about whether that deal you thought might be too good to be true is—in fact—too good to be true. With the onset of the recession and the revelations surrounding l…

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