Caring for Your Buildings
Housing co-operatives have just one valuable asset: their property. So it makes sense to take care of it.
A well-kept housing co‑operative has prouder, happier members who love their homes. It’s a place where other people want to live. And one that will serve generations to come, far into the future.
The catch is that maintaining your property takes planning, follow-through and money. Check out these resources on building maintenance, capital planning, curb appeal and more. This is your gateway to becoming a co‑op that you can’t help bragging about.
As housing co-ops age, it’s no surprise that buildings wear down, wear out and need repairs and replacements.
It’s no secret that, like all things, buildings wear down over time and need to get fixed up. But undertaking major...
Co-op members deserve a well-kept, attractive building that will last. Perhaps your co-op is underspending on the property. Or spending too much on the wrong things.
Find out how you’re performing, compared with others. Don’t leave your co-op stranded at third base.
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.