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Many co-ops in the Agency’s portfolio reached an important milestone in the past several years: finally paying off their mortgages. For many, that has opened wide new worlds of financial freedom. And the good news is that many co-ops are using that freedom to top up their capital reserves. 

As your buildings age over time, it’s important to know what will need to be fixed and when. Not to mention how much it will cost.

That’s where a building condition assessment (BCA) report comes in.

What is a Building Condition Assessment?

A BCA is a report prepared by a qualified consultant who

When was the last time your board discussed your building’s curb appeal? How about its approach to water conservation?

These are good questions to ask, and they’re good examples of what the Agency had in mind when we developed our online Self Assessment.

This tool will guide you through five key

It’s no secret that, like all things, buildings wear down over time and need to get fixed up. But undertaking major repairs isn't just about replacing what's broken; it's an investment in the longevity, functionality and overall appeal of our living spaces.

Whether you’re revamping a tired façade

The co-op housing sector, which includes the Agency, has created many resources on building condition assessments and why your co-op needs one.

The building condition assessment (BCA) and reserve-fund study (RFS) are two separate reports, but they work together. Sometimes when people ask about a

A capital replacement reserve plan is a crucial strategy for keeping your housing co-op in good repair over time. The plan outlines the anticipated lifespan of various elements within your property and estimates the funds necessary for their replacement or for major repairs.  

In this article, we

Nowadays, co-op members tend to stay in their homes for decades. Some even claim, “I’m only leaving feet first!”

As a stable membership has many benefits, every co-op should now be thinking about the special needs of their aging members. While the passage of time affects everyone, some are hit harder