Creating a budget that merges capital planning with operations is no small feat. Andre Kaplan, CFO of Orsid New York, explains how balancing the three mains parts of a co-op/condo budget will help your board maintain value and meet the city's regulatory requirements.
How To Run Your Building: For Co-ops and Condos
11/30/23 • 10 min
How To Run Your Building! For Co-ops and Condos - Andre Kaplan
Transcript
Carol Ott: Welcome to Inside Management, a show about what makes co ops and condos run smoothly or poorly. I'm Carol Ott with Habitat, a New York City magazine for co op and condo board directors. And on the show today is Andre Kaplan, the Chief Financial Officer of ORSID New York. Of the many decisions that board directors must make, probably the most fundamental one is budgeting.
What does it cost to run your building today? And what will it cost over the next 12 month
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