Category: Building Operations

Finance Refinancing End Loans
1998 Apr Refinancing End Loans

It seems as though everyone is talking about refinancing these days. With interest rates at an all-time low, more and more homeowners are taking advantage of the opportunity to reduce their monthly mortgage payments and/or take more equit…

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Finance Lost & Found Money
1998 Mar Lost & Found Money

Wouldn't it be nice to save your building thousands of dollars without doing any work? Well, there is a way it can be done. Although many co-op and condo boards may not know it, utility audit companies have been around for years, finding …

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Maintenance Reducing Water Costs
1998 Mar Reducing Water Costs

Management experts and others in the real estate industry are always cautioning their co-op and condo clients to keep an eye on the water consumption in their buildings. The water and sewage bill received quarterly from the New York City …

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Management Building Maintenance and Repair
1998 Feb Building Maintenance and Repair

The increase in the number of co-ops and condos in New York City has changed the way many New Yorkers live. Renters who have purchased a co-op apartment have become owners of stock while condo owners posses a block and lot. The traditional …

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Management Switching Management Firms
1998 Feb Switching Management Firms

Even the best working relationships between co-op and condo boards and their management com- panies can eventually come to an end, forcing a switch from one company to another. The transition can be lengthy and complex in the best of circ…

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Management Effective Board Meetings
1998 Feb Effective Board Meetings

Like any body of individuals charged with overseeing the operation of a corporation, it is necessary for co-op and condo board members to meet on a regular basis. But just coming together at a set time and place does not guarantee an effe…

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Maintenance Garbage Disposers
1998 Feb Garbage Disposers

For most visitors to New York City, it is a mystery as to why garbage disposers (the popular term disposal derives from the GE brand name Disposall) have not been allowed in most neighborhoods. Despite the fact that these hardy kitchen ap…

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Maintenance Rooftop Decks
1998 Feb Rooftop Decks

For many New Yorkers one of the high points of city living is the urban vista they enjoy from their building's communal rooftop deck. Even when the view's not the greatest, just being able to enjoy the outdoors in a relatively private s…

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Design Designing with Light
1998 Dec/Jan Designing with Light

There's no question that human beings respond to light. Its absence can affect our sense of well-being, and this may be why bright, sunny apartments tend to be the easiest to sell. Whether you have an interior designer map out a detailed li…

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Finance The Self-Amortizing Loan
1998 Dec/Jan The Self-Amortizing Loan

What a time to be shopping for a new underlying mortgage! Interest rates are again nearing a 30-year bottom and several dozen lenders are scrambling to fill their portfolios. Spreadsthe incremental amount that a lender adds to an index (s…

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