COOPERATOREVENTS NEW YORK EXPO. TUESDAY NOVEMBER 18TH . JACOB JAVITS CONVENTION CENTER. REGISTER NOW!

Category: Finance

Finance Controlling for Fraud
2006 Nov Controlling for Fraud

A little over four years ago, the Sarbanes-Oxley Act (SOX) was signed into law. The most significant provision was Section 404, which requires corporations to conduct an annual assessment and report on the effectiveness of their internal…

Read More
Finance A Necessary Convenience
2006 Jul A Necessary Convenience

Some of the world’s most valuable real estate exists in New York City, and the wealth doesn’t end with residential buildings and office space. In a city with so many people and so little space, a place to park your car can be priceless…

Read More
Finance Share and Share Alike
2006 Jul Share and Share Alike

They’re the smallest pieces of the co-op puzzle. The one item without which the whole endeavor could not function. Just like in a Fortune 500 corporation, the shares in a co-op reflect value, and can be highly sought-after prizes—depen…

Read More
Finance Prewar Finances
2006 Jul Prewar Finances

With all the luxury condos going up in New York City today, many people still maintain a soft spot for the city’s prewar apartment buildings. You’ll see them all around town—on Central Park West and Fort Washington Avenue in Manhattan;…

Read More
Finance Maintenance Increase Strategies
2006 Jul Maintenance Increase Strategies

The dreaded phrase “maintenance increase” is two words that most co-op owners may not want to hear, but sometimes it is necessary for a building’s board to make the unpopular decision of raising fees. With rising operating costs, fuel …

Read More
Finance Capital Budgeting and Planning
2005 Nov Capital Budgeting and Planning

Like most companies, co-ops and condos have two important, yet distinct budgets which allow boards and owners to manage the day-to-day and long-term financial requirements of their buildings. The operating budget includes recurring exp…

Read More
Finance Board Hurdles
2005 Jul Board Hurdles

As a financial professional who has served metropolitan New York's cooperative community for over 25 years, I must say that this is probably the most challenging time in recent history. Everywhere we turn, rapidly escalating costs coupled w…

Read More
Finance Who's in Charge?
2005 Jul Who's in Charge?

Any transfer of ownership of a cooperative unit will require the cooperative corporation to cancel the old stock certificate and issue a new one. Many see this step as a simple clerical task, and often it is the managing agents that keep th…

Read More
Finance A Penny Saved
2005 Jul A Penny Saved

Everybody complains about money. It doesn't matter if you're a millionaire or just getting by from paycheck to paycheck--everyone is on the lookout for money saving possibilities. The same holds true for co-op and condo owners and share…

Read More
Finance Thinking Outside the Box
2005 Jul Thinking Outside the Box

While there's certainly no shortage of affluent co-op and condo buildings in New York City, it's a fact that a significant proportion of buildings are home to residents of more modest means--buildings for whom large capital improvement proj…

Read More
Previous 1 21 22 23 24 25 34 Next